UK Government Disburses Low Carbon Development Grant Funds in Indonesia

Oct 03, 2023 10:24:45 am
Manhajul Islam, S. Ak - BATS Consulting

Indonesia has once again received a grant of £27.2 million or equivalent to Rp 512 billion from the British Government for Low Carbon Development in Indonesia.

This grant is official with the signing of an agreement in the Low Carbon Development Initiative (LCDI) Programme Grant Technical Agreement between the Government of Indonesia & the UK Government, on Monday (2/10/2023).

This is the UK Governments official support for the Low Carbon Development Initiative (LCDI) Phase 2, held at the Office of the Ministry of National Development Planning/National Development Planning Agency.

During the event, the UK Minister for Indo-Pacific, Anne-Marie Trevelyan, stated that the second phase of the LCDI grant is a form of support for Indonesias Low Carbon Development and strengthening UK-Indonesia collaboration in the sectors of green transition, low carbon growth, green economy, and the UKs commitment to ASEAN centrality (Bappenas).

"We support the Low Carbon Development Initiative to add our support to Indonesias green transition and other sectors," said Trevelyan as quoted on Tuesday (03/10/2023).

According to him, Indonesias rapidly growing economy and innovation provide greater opportunities for the two countries to work together, from trade and investment to science and technology cooperation.

"The Low Carbon Development Initiative will ensure that Indonesias economic growth continues to be sustainable and resilient to the impacts of climate change and benefits people in the UK, Indonesia and the rest of the Indo-Pacific," Mr Trevelyan continued.

The first tranche of UK support for Indonesias LCDI was launched in 2017. Since then, climate targets have been taken more seriously in Indonesias development planning.

The UKs new £27.2 LCDI Phase 2 funding for Indonesia will be allocated to support sustainable economic development and growth through training, capability building, science-based policy development, and piloting innovative low-carbon technologies.

Minister of National Development Planning/Head of Bapennas, Suharso Monoarfa, explained that the Low Carbon Development Initiative (LCDI) is the Indonesian governments main policy to reduce emissions, boost growth, and promote sustainable development.

"This is the governments work plan, one of the targets is to reduce greenhouse gas emissions. Its achievement is one of the best during the 2019-2024 period. We also appreciate the UK Government for placing the target of achieving Net-Zero Emissions 2050," said Suharso.

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