In an effort to advance energy transition and support the green economy in Kalimantan, the Bank Indonesia Representative Office for South Kalimantan Province (KPw BI Kalsel) held the Green Seminar 2024 in Banjarmasin. This seminar brought together stakeholders including government officials, academics, business operators, and the general public to discuss strategies and initiatives for addressing climate change and optimizing renewable energy potential. Fadjar Majardi, Head of KPw BI Kalsel, emphasized the continuation from the International Seminar 2023, with an increased focus on fostering green behavior in the community. He highlighted the importance of synergy among government, businesses, banking, NGOs, and local communities in supporting sustainable development. “We hope the new branding of this seminar will facilitate the understanding and implementation of green economy concepts, and strengthen efforts towards sustainable development in South Kalimantan,” said Fadjar. He also explained Bank Indonesia’s commitment to strengthening price stabilization policies, developing green financing, and supporting the transformation of the green financial system in Indonesia. "Greenovation, launched at last year's international seminar, receives special attention as an effort to gather innovative ideas and implementable projects in the green economy," he added.
Prof. Kornelis Blok, a member of the IPCC (Intergovernmental Panel on Climate Change), delivered a keynote speech on the urgency of energy transition and greenhouse gas emission reductions to tackle global climate change. Prof. Blok emphasized that the world, including Indonesia, needs to reduce CO2 emissions to zero by mid-century, underscoring the increasing impacts of climate change, such as extreme weather phenomena and global natural disasters. He shared positive news that 30% of the world’s electricity now comes from renewable energy, with significant growth in wind and solar power. He noted that China leads in global renewable energy installations, followed by Europe and other regions, while Indonesia has abundant renewable energy resources including solar, wind, hydro, bioenergy, geothermal, and marine energy. Research by his team shows that by 2050, solar energy will dominate, contributing over half of Indonesia's electricity production.
