Yesterday, I met with His Excellency Mr Joko Widodo, President of the Republic of Indonesia at the G20 in Rome to mark a new chapter in the Comprehensive Strategic Partnership between Australia and Indonesia.
Our nations have agreed to a Joint Statement on Cooperation on the Green Economy and Energy Transition. It acknowledges the priority to address climate change and reduce greenhouse gas emissions.
The statement sets out our shared ambition to cooperate more closely to develop, finance, deploy, and share affordable low emissions technologies and support infrastructure to enable our transition to lower emission economies, while also maintaining and enhancing our energy security. This cooperation reflects commitments our Government has made in our Long Term Emissions Reduction Plan, including our target of reaching net zero emissions by 2050. By working together, we will help build resilient renewable energy supply chains and economies, and drive green investment.
Both Australia and Indonesia will seek to expand trade and investment, building on the landmark Indonesia-Australia Comprehensive Economic Partnership Agreement. This includes new cooperation on regional energy trade and carbon markets, accessible green finance, and institutional and private sector collaboration. We also committed to strengthen existing collaborations on climate and energy transition, climate finance, environmental governance and resource management, biodiversity protection, water conservation, and disaster risk reduction and resilience.
During the meeting, I also expressed Australia’s strong support for Indonesia’s G20 Presidency in 2022, including Indonesia’s efforts to focus on climate change.
For more details about the Australia-Indonesia Joint Statement on Cooperation on the Green Economy and Energy Transition, visit: Australia-Indonesia Joint Statement on Cooperation on the Green Economy and Energy Transition