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G20 Summit Brazil: President Prabowo Claims Carbon Credits for Developed Countries

by Editor Asiatoday
November 21, 2024
in Forum
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G20 Summit Brazil: President Prabowo Claims Carbon Credits for Developed Countries

President of the Republic of Indonesia Prabowo Subianto attended the first session of the G20 Brazil Summit which took place on Monday, 18 November 2024. Photo: BPMI

ASIATODAY.ID, RIO DE JANEIRO – The President of the Republic of Indonesia, Prabowo Subianto, calls for the participation of developed countries in the carbon credit mechanism as compensation for the contribution of Indonesia’s tropical forests in maintaining the balance of the earth’s temperature.

He said the burden of maintaining the sustainability of the earth must be borne globally. President Prabowo expressed this in a speech before the heads of state at the G20 Summit in Rio de Janeiro, Brazil on Tuesday, November 19 2024.

The third session carried the theme of sustainable development and energy transition. Prabowo said Indonesia had played its role for years in preventing global temperatures from rising. As one of the countries with the largest area of ​​tropical forest in the world, Indonesia, he said, has absorbed emissions so as to maintain the earth’s temperature.

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“Indonesia has one of the largest tropical forests, after Brazil and several African countries. “We have contributed over the years to absorbing emissions and cooling the world,” he said.

However, he believes that the participation of developed countries in climate action is still not optimal. This is reflected in participation in carbon credits that has not met expectations.

“We are considered the lungs of the earth. However, we have not seen contributions from developed countries to provide carbon credits. “We need continued commitment to compensate for the role our forests play in maintaining the earth’s temperature,” he continued.

For this reason, he said Indonesia was open to optimizing the prospect of 557 million tonnes of carbon credits. Prabowo also added that Indonesia has the largest carbon storage capacity.

“We also have the largest carbon storage capacity to offer the world,” he said.

On this occasion, Prabowo also stated that climate change had a major impact on Indonesia and threatened the quality of life of farmers and fishermen. This is especially evident from the loss of hundreds to thousands of hectares of productive land in coastal areas due to rising sea levels.

Prabowo also expressed optimism for Indonesia to achieve the zero emissions target before 2050. The transition to renewable energy will support the achievement of this target, along with the target of cessation of operations of fossil fuel power plants in the next 15 years. (AT Network)

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Tags: Carbon CreditG20 SummitGreen CarbonPrabowo SubiantoSave Earth
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