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Home GREEN ENERGY

Indonesia Explores Collaboration with Canada to Develop a Clean Technology

by Editor Asiatoday
September 3, 2024
in GREEN ENERGY
Reading Time: 3 mins read
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Indonesia Explores Collaboration with Canada to Develop a Clean Technology

Coordinating Minister for the Indonesian Economy, Airlangga Hartarto during his current working visit to Vancouver, Canada, on September 1 2024. FILE: Ekon

ASIATODAY.ID, VANCOUVER – Indonesia has great potential as a field for developing clean technology in the world, so there is an urgent need to immediately adopt it. In developing renewable energy, Indonesia is estimated to have a potential of more than 443.2 Gigawatts, sourced from solar, wind, water and biomass energy.

Even now, Indonesia’s clean-tech startup ecosystem is growing rapidly. There are around 300 clean-tech startups already in operation, some of which have reached the series A funding stage. Startups have an important role in innovation and clean technology development in countries that have made significant progress, such as Germany, Denmark and Canada.

During his current working visit to Vancouver, Canada, on September 1 2024, the Coordinating Minister for the Indonesian Economy, Airlangga Hartarto, focused on hunting for and bringing home clean technology to accelerate the energy transition to Indonesia.

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A clean economy with a technology base in the fields of extractive industry, renewable energy, semiconductors including the use of Canadian pension funds for infrastructure investment in Indonesia.

Minister Airlangga met and exchanged views with business players who are currently developing the economy and clean energy in Canada, including Ballard Power, Westport Fuel Systems, ChopValue, Foresight Clean Tech Accelerator, and SFU International in the Business Roundtable forum. Airlangga is also ready to open opportunities for economic cooperation in the medium to long term.

The cooperation between Indonesia and Canada in the clean energy and clean technology sector can include several strategic initiatives that are mutually beneficial.

First, the two countries can cooperate in the development and application of renewable energy technology. Canada, with its experience and expertise in technological fields such as wind power, solar power and energy storage, can help Indonesia to accelerate the transition to clean energy through the application of technology, research and development, and thematic training.

Second, Indonesia and Canada can collaborate on waste management and recycling projects. Canada has advanced technology in waste management and recycling that can be applied in Indonesia, to reduce the environmental impact of industrial and household waste.

This collaboration could include the construction of modern recycling facilities, waste water treatment, public education programs about the importance of recycling, and the development of policies that support a circular economy.

Furthermore, working together on joint Research and Development (R&D) projects, combining resources and expertise from universities, research institutes and the private sector, can both create new innovations in clean technologies. These joint R&D projects, could include the development of alternative fuels, emission reduction technologies, and solutions to improve energy efficiency in various industrial sectors.

This collaboration will not only strengthen bilateral relations, but also contribute to global efforts to tackle climate change.

Canada is also known as a place for semiconductor component design that serves various world-class computer industry companies.

To continue to encourage the development of the Indonesian semiconductor ecosystem, which is currently receiving many offers of cooperation from the world and has become one of the United States’ Global Semiconductor Supply Chains, Minister Airlangga is ready to collaborate with Canadian businesspeople for sustainable semiconductor development through the provision of renewable energy. (AT Network)

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Tags: Indonesia - Canada Comprehensive Economic Partnership Agreement
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