Indonesian President Prabowo Subianto and US President Joe Biden reaffirmed their commitment to reducing greenhouse gas emissions in response to the climate crisis.
"We are committed to more ambitious, economy-wide emission reduction targets, covering all greenhouse gases, sectors, and categories that are aligned with achieving our respective net-zero targets," according to an excerpt from the White House, following a meeting between the two leaders in Washington D.C., on Tuesday (Nov 12).
The commitment includes submitting 2035 nationally determined contributions (NDC) under the Paris Agreement that are aligned with limiting global warming to 1.5 degrees Celsius and in the spirit of responding positively to the first Global Stocktake.
Prabowo and Biden are also determined to expand collaboration on clean and renewable energy generation and to accelerate their clean energy transitions.
Indonesia and the US continue collaborating closely and concretely, including with other partners, on the Just Energy Transition Partnership (JETP) by implementing the Comprehensive Investment and Policy Plan.
JETP, in parallel with domestic policy reform, will continue to mobilize investments in Indonesias domestic renewable energy production to reduce emissions, strengthen and expand the grid, advance energy security, create jobs, and grow the clean energy economy in Indonesia.
"President Biden and President Subianto also discussed carbon capture and storage (CCS) and methane abatement as key opportunities for reducing greenhouse gas emissions," the White House said.
Both leaders expressed their commitment to supporting capacity building for methane reduction.
The two leaders seek to develop affordable and cost-effective CCS solutions and deploy methane abatement strategies contributing to Indonesias net-zero targets and global climate goals.
During a meeting with Prabowo, Biden congratulated Indonesia on its recent success in reducing emissions from deforestation and offered continued US support for Indonesia to reach its forestry and land sector net sink target by 2030.
As one way to mobilize private finance for emissions reductions from forests and other sectors, President Biden expressed his support for Indonesias efforts to develop a high-integrity carbon market and offered US support for accessing international demand for carbon credits.
The leaders pledged to deepen bilateral discussions under the US-Indonesia Climate Change Working Group and through technical cooperation.
COPYRIGHT © ANTARA News Bangka Belitung 2024
"We are committed to more ambitious, economy-wide emission reduction targets, covering all greenhouse gases, sectors, and categories that are aligned with achieving our respective net-zero targets," according to an excerpt from the White House, following a meeting between the two leaders in Washington D.C., on Tuesday (Nov 12).
The commitment includes submitting 2035 nationally determined contributions (NDC) under the Paris Agreement that are aligned with limiting global warming to 1.5 degrees Celsius and in the spirit of responding positively to the first Global Stocktake.
Prabowo and Biden are also determined to expand collaboration on clean and renewable energy generation and to accelerate their clean energy transitions.
Indonesia and the US continue collaborating closely and concretely, including with other partners, on the Just Energy Transition Partnership (JETP) by implementing the Comprehensive Investment and Policy Plan.
JETP, in parallel with domestic policy reform, will continue to mobilize investments in Indonesias domestic renewable energy production to reduce emissions, strengthen and expand the grid, advance energy security, create jobs, and grow the clean energy economy in Indonesia.
"President Biden and President Subianto also discussed carbon capture and storage (CCS) and methane abatement as key opportunities for reducing greenhouse gas emissions," the White House said.
Both leaders expressed their commitment to supporting capacity building for methane reduction.
The two leaders seek to develop affordable and cost-effective CCS solutions and deploy methane abatement strategies contributing to Indonesias net-zero targets and global climate goals.
During a meeting with Prabowo, Biden congratulated Indonesia on its recent success in reducing emissions from deforestation and offered continued US support for Indonesia to reach its forestry and land sector net sink target by 2030.
As one way to mobilize private finance for emissions reductions from forests and other sectors, President Biden expressed his support for Indonesias efforts to develop a high-integrity carbon market and offered US support for accessing international demand for carbon credits.
The leaders pledged to deepen bilateral discussions under the US-Indonesia Climate Change Working Group and through technical cooperation.
COPYRIGHT © ANTARA News Bangka Belitung 2024