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    Kuşak ve Yol
    Anasayfa » Chinese Companies Support Indonesia’s Energy Transition: Green “Belt and Road” Partnership
    News

    Chinese Companies Support Indonesia’s Energy Transition: Green “Belt and Road” Partnership

    Kusak ve YolBy Kusak ve Yol23 November 2024
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    During the United Nations Climate Change Conference (COP29) held on November 20 in Baku, Azerbaijan, the Chinese delegation organized a side event themed “Dialogue with the World: Building a Zero-Carbon Future Ecosystem Together.” The event was attended by China’s Special Envoy for Climate Change Liu Zhenmin, Paul Butarbutar, Head of the Secretariat for Indonesia’s Just Energy Transition Partnership, and representatives from various companies. The event showcased the positive outcomes of China-Indonesia collaboration in energy transition, green development, and voluntary emission reduction, while presenting a vision to further support Indonesia’s energy transition.

    Liu Zhenmin emphasized China’s efforts toward green and low-carbon development, underlining it as fundamental to the harmony between humanity and nature. He highlighted that China supplies 70% of the world’s solar panel modules and 60% of wind energy equipment. Addressing cooperation with developing countries, Liu noted that coal dominates the energy structures of both China and Indonesia, and both nations face similar challenges due to high energy demands. He expressed China’s willingness to share its experiences and provide support for energy transition in countries like Indonesia, calling for deeper collaboration among all parties.

    Paul Butarbutar underscored the critical importance of international cooperation in advancing green energy transition. He stated that the partnership between Indonesia and China in low-carbon development and renewable energy holds immense potential. Butarbutar also called on the international community, particularly neighboring countries like China, to deepen collaboration by providing technical and investment support.

    Chinese companies play a key role in Indonesia’s energy transition. For example, GEM Co., a leader in recycling and sustainable technologies, has undertaken projects that have reduced carbon emissions by over 90%. Additionally, the “International Carbon-Neutral Island” project, developed by China’s Zhejiang University in collaboration with local partners in Indonesia, aims to enhance the use of renewable energy and recycle carbon emissions to make steel production more sustainable. This project has been integrated into Indonesia’s energy transition plan, serving as a model of carbon-neutral cooperation between the two countries.

    http://ydyl.china.com.cn/2024-11/22/content_117562748.shtml

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