A report by global consulting firm Kearney reveals that Indonesia requires strategic investments amounting to USD 2.4 trillion between 2022 and 2060, with an annual average investment of USD 62 billion to achieve its net zero emissions target. The report emphasizes the importance of a structured approach through macro-strategic investments in supporting Indonesia's transition to a green economy. Shirley Santoso, President Director of Kearney Indonesia, stated that macro investments are the backbone of sustainable economic growth. By directing resources to high-impact sectors with significant growth potential, Indonesia can generate jobs, improve productivity, reduce poverty, and promote innovation aligned with global sustainability goals. This investment is essential to ensure Indonesia's resilience in facing global economic challenges and securing its leadership in the global market.
Som Panda, a principal at Kearney Indonesia, noted that the country has a golden opportunity to become a global leader in green technology. Investing in technologies such as hydrogen, flow batteries for electric vehicles, and direct air carbon capture and storage (CCS) could unlock significant decarbonization potential and position Indonesia as a pioneer in sustainable innovation. These technologies not only hold the potential to reduce emissions but also create new industries, attract investment, and boost economic growth. A strong focus on research and development in these areas is crucial for Indonesia to achieve its ambitious climate goals and secure its leading position in the global green economy.
