The growing amount of greenhouse gas emissions poses significant threats to the world, and we are running out of time to take action before the harm becomes irreversible. Indonesia has the potential to emerge as a prominent global leader in tackling the climate crisis, given its abundant reserves of renewable energy and critical mineral deposits such as nickel and copper, essential for decarbonization.

Interestingly, as President Joko Widodo pointed out during his opening remarks at the Indonesia International Sustainability Forum ISF 2024, the global climate challenges may never be solved unless these countries disregard their respective individual interests. “The climate change issue will never be resolved if the world continues to deal with it in an economic manner. It views and calculates this from its own perspective, and centers on its reckless self-interest.”

President Jokowi emphasized that he no longer needs to convey how dangerous climate change is, how urgent the energy transition is or the importance of aid.

According to him, what needs to be done in solving the problem of climate change is a collaborative and humanitarian approach between developed and developing countries, and the need to pay attention to the humanitarian aspect so that the process does not sacrifice the interests of the common people.

The coordinating minister for Maritime Affairs and Investment of Indonesia, Luhut Binsar Pandjaitan, sounded a positive note in his closing remarks by commenting on the spirit of cooperation evident within ISF which provides hope for collective action against the climate emergency. Pandjaitan said: “I am extremely optimistic that we will continue the momentum of these last two days and translate into practical action what we have discussed.”

The Indonesia International Sustainability Forum (ISF) plays an important role as a platform for governments, companies and experts to share best practices in tackling the climate crisis and achieve their full potential.

At ISF 2024, Indonesia strengthened its position as a major player in sustainability, hosting a variety of climate initiatives. The two-day event saw the signing of 14 agreements focusing on topics like energy transition, carbon capture, and green transportation. These efforts aim to make Indonesia a global leader in sustainability for developing countries.

The goals for ISF 2024 include:

• G2G and/or B2B MoU signings on partnerships & collaborations in the
  covered topics
• Establishment of sustainability-related coalitions or initiatives with
  concrete action plan
• Whitepaper or report to advance green economy and sustainable
  development for the global south economy
• 100+ national & international businesses participating in the event
  (exhibitions, workshops, seminars, etc.)
• 10+ secondary schools or universities participating in seminars and
  youth engagement programs

During ISF 2024, the forum focus on five main areas:

1. Energy Transition: Moving away from fossil fuels to cleaner energy like solar and wind.
2. Green Industry: Adopting environmentally friendly industrial practices.
3. Biodiversity & Nature Conservation: Protecting ecosystems and wildlife.
4. Sustainable Living: Promoting eco-friendly lifestyle choices, like reducing waste and conserving water.
5. Blue Economy: Using Ocean resources sustainably while protecting marine life.

The forum also looks at key factors that drive sustainability, such as:

1. Green Finance & Carbon Pricing: Encouraging investments in ecofriendly projects and charging for carbon emissions.
2. Human Capital: Building the skills and knowledge needed for a sustainable economy.
3. Policy & International Collaborations: Working together on policies that support sustainability.
4. Technology: Using innovation to support cleaner, more efficient practices.

CBQA Global’s Services to Support Sustainable Future:

1. ISCC
   ISCC is one of the leading certification systems for sustainability and carbon/greenhouse gas emission. The ISCC system helps producers take responsibility and reduces the risk of harmful ventures. CBQA Global can provide three scopes: ISCC EU, ISCC Plus, and ISCC Japan FIT.
2. GHG Validation and Verification
   As a KAN-accredited Validation and Verification Body, CBQA Global can assist in verifying the GHG emission of your organization according to ISO 14064-1 and validate and/or verify your GHG project under ISO 14064-2.
3. ISO 14001
   ISO 14001 Environment Management System Certification can be used by any organization that wants to validate its resource efficiency, waste reduction, and drive down costs.
4. ISO 50001 – Energy Management
   The standards will help you improve the energy performance of your business, and use the energy more efficiently. Companies that have used the ISO 50001 Energy Management standards have managed to improve quality and environmental management. Thus, the objective of this standard is to cut energy costs while improving business sustainability.
5. ISO 26000 – Social Responsibility
   Helps to translate social responsibility as an organization’s responsibility for the impact of its decisions and activities on society and the environment, through transparent and ethical behavior.
6. ESG
   Environmental, social and governance (ESG) is a collection of corporate performance evaluation criteria that assess a company’s governance mechanism and ability to manage its environmental and social impacts effectively. CBQA Global verifies your ESG report.