JAKARTA - Bank Indonesia (BI) Governor Perry Warjiyo said the climate change agenda could increase global Gross Domestic Product (GDP) by 11 percent to 14 percent.
"The global GDP could be 11 percent lower to 14 percent in the middle of the century without climate change agendas, so the impact is very heavy and expensive," Perry said at the ASEAN 2023 Seminar High Level event entitled Aligning Policies for Climate Transition in Badung Regency, Bali, quoted from Antara, Thursday, March 30.
This estimate is because climate change will cause negative economic and social impacts if not handled properly and anticipated early on.
Therefore, he emphasized that Indonesia in the Chairship of ASEAN 2023 will continue to advance the agenda for a greener and inclusive climate transition through three aspects. First, strong policies and political will from the authorities.
The second aspect is a clear framework for transition and advancing the financial framework, because in the end a clear financial framework to implement the climate transition agenda will be very important.
Furthermore, the third aspect is financial mobilization or capital because in the end, moving the transition agenda requires new capital and greener investment, more environmentally friendly, and more inclusive projects.
Perry menuturkan Indonesia mengangkatkan iklim dan pembangunan ekonomi berkelanjutan menjadi pilar ketiga dalam tema Kekeuaan ASEAN 2023 jalur keuangan.
"Remember, the three pillars are rebuilding-recovery, digital economy, and transition to climate change. This is very important," he said.
After three years of the COVID-19 pandemic, he said, Indonesia has studied and has been trained to put the concept of green, sustainable, and environmentally friendly.
This step is very important because the impact of climate change and natural degradation tends to outweigh the threat of a pandemic.
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