ASEAN can hold key role in global carbon market
Indonesian Trade and Industry Chamber (Kadin) head Arsjan Rasjid last Thursday underscored at the 2024 International Sustainable Development Forum (ISF) that sustainability plays a key part in achieving an economic growth of 8%.
Delegates at the 2024 International Sustainable Development Forum (ISF) on September 5, 2024. Photo courtesy of Antara.
He also highlighted that the ISF 2024 provides a platform for ASEAN countries to standardize and certify carbon markets, enabling the region to become a significant voice in the global carbon market.
Rasjid stated that to reach economic growth targets, the country must attract investment by establishing sustainable enterprises, a key driver for long-term growth across Southeast Asian economies.
Indonesia, rich in biodiversity, ranks second globally in biodiversity after Brazil. By managing this resource effectively, the country can lead the formation of a Southeast Asian carbon market alliance.
Additionally, its abundant skilled workforce offers further advantages for attracting foreign investment.
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