Global cooperation on climate action must be sustainable: analysts

Nusa Dua, Bali – Effective action against the climate crisis requires transformative policies in the years ahead to guide development over the next two to three decades, analysts said Tuesday (7/9). Most government administrations are not well equipped to design policies that demand change by many socio-economic actors, and a reorientation of investment flows, they said.

Executive Director, Indonesia Research Institute for Decarbonization (IRID) Moekti Handajani Soejachmoen said global cooperation strengthening is important amid converging the climate action process, since the process costs a lot of money.

“This is an opportunity for the G20 to be responsive and act in a more globally responsible way. Not only to meet the challenge of climate action and finance it, but also to show solidarity with vulnerable countries,” she said at the “Global Convergence in Climate Action” T20 Summit in Nusa Dua, Bali. The parallel session discussed climate change and effective actions to fight the climate crisis and achieve climate targets.

Another panelist, Noura Mansouri from KAPSARC added that the issue of energy security can no longer be underestimated. As the world recovers from Covid-19, there are still many disruptions such as energy supply, food crisis, energy crisis, and also inflation. “So inflation reminds us that the energy transition needs to be done as soon as possible and makes it a top priority on the global agenda,” she said.

Mansouri said this has an impact on energy use in Europe and on climate targets in Europe, especially the Green Deal by the European Union. “So all of this shows us how national priorities shift and government focus shifts, whether it’s health or geopolitical priorities, climate change,” she said, adding that leaders must start to focus on all energy options, investment and coal, hydrocarbons, oil, gas to renewable energy for electric vehicles which also need to be a priority.

Another panelist, Nathan Hultman from the University of Maryland said that Indonesia already has ambitious targets. However, not all countries can reach this stage.

There are several governance tools that can support the government in managing these challenges such as Nationally Determined Contributions (NDC), Long Term Climate Strategy (LTS) and low emission development strategies (LEDS). This type of instrument indicates that there is a trend of convergence among countries globally in terms of actions taken to combat climate problems and achieve climate targets. (Hartatik)

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