The Indonesian government has emphasized that the country’s economic growth target of 8 percent must align with environmental responsibility, focusing on Carbon Capture and Storage (CCS) technology as a solution to reducing carbon emissions. Indonesia has demonstrated strong economic resilience amid global uncertainties, recording a 5.02 percent year-on-year economic growth in Q4 2024. The implementation of CCS is expected to contribute to industrial decarbonization, attract new investments, create jobs, and enhance national industrial competitiveness. “Innovative technologies like CCS are a strategic solution to reducing carbon emissions without hindering industrial development. With vast geological storage capacity, Indonesia has significant potential to become a CCS hub in Asia,” Deputy for Energy and Mineral Resources Coordination at the Coordinating Ministry for the Economy, Elen Setiadi, said while addressing a workshop titled "Opportunities and challenges in implementing CCS activities in Indonesia" in Jakarta on Thursday, February 28, 2025.Ary Sudijanto, Deputy for Climate Change Mitigation and Carbon Economic Value Governance at the Ministry of Environment and Forestry, said that CCS enhances economic value by leveraging Indonesia’s geological resources to attract both domestic and foreign investments. He also announced that the ministry would coordinate with the Ministry of Energy and Mineral Resources to develop a roadmap for cross-border CCS implementation. Tubagus Negara, Executive Director for Policy Synchronization at the National Economic Council, highlighted three key priorities for advancing CCS technology, namely developing domestic and international markets to ensure economic feasibility, expediting regulatory discussions, and designating a CCS Champion within government institutions to enhance global competitiveness.Source: https://indonesiabusinesspost.com/3817/policy-and-governance/indonesia-pushes-ccs-technology-for-sustainable-economic-growth (ICE GIACARTA)

Fonte notizia: Indonesia Business Post, 3 March 2025