Indonesia, France study low-carbon transition risk

The Indonesian Coordinating Ministry for Maritime Affairs and Investment and the French Development Agency (AFD) have signed a partnership for the implementation of a low-carbon transition study for Indonesia.

In a press release on September 19, Indonesian Deputy Coordinating Minister for Forestry and Environmental Management Nani Hendiarti expressed hope that the study's findings will be beneficial to all stakeholders and input for Indonesia to meet its goal of having net zero emission by 2060.

Indonesia, France study low-carbon transition risk -0


Both sides need to expedite the implementation of the MoU and thus can be recognised in the G20 Presidency and the 27th United Nations Climate Change Conference (COP27), she said.

This study will analyse the risks and opportunities associated with the country's transition to a low-carbon economy, as well as the development of methodologies and scenarios of transition-related risks in various major sectors of the Indonesian economy.

It will also support the Indonesian government in developing strategies and means to identify and manage climate-related financial risks.

World

Singapore dollar hits 10-year high
World

Singapore dollar hits 10-year high

The Singaporean currency (SGD) is trading against the USD at its strongest level in almost a decade, touching new highs in recent weeks amid lower US interest rates coupled with investors' confidence in its resilient economy.

Malaysian retail chains say no to single-use plastic bags
World

Malaysian retail chains say no to single-use plastic bags

Some 16 retail chains across Malaysia have pledged to no longer provide single-use plastic bags to customers from October 1, said Minister of Housing and Local Government Nga Kor Ming at the “Say No to Single-Use Plastics” campaign in Kuala Lumpur on September 26.

Indonesia builds new data centre
World

Indonesia builds new data centre

The Indonesian government is currently constructing a new national data centre (PDN) in Bekasi and will build another two in Batam and Nusantara capital city (IKN), Political, Legal, and Security Affairs Coordinating Minister Hadi Tjahjanto has stated.

Japan continues support for Vietnam’s typhoon relief efforts
World

Japan continues support for Vietnam’s typhoon relief efforts

The Governor of Japan’s Yamanashi prefecture, Nagasaki Kotaro, on September 24 presented the token of 1 million JPY (over 6,900 USD) to the Vietnamese Embassy in Japan to support the country’s disaster relief efforts in the wake of Typhoon Yagi and its subsequent floods and landslides.