Indonesia to Focus on Hunger, Welfare, and Global Governance at G20

As part of the push for reform, Sri Mulyani highlighted the need for MDBs to increase their involvement in financing climate action. She noted that the global fight against climate change requires substantial investments, particularly in developing countries that are most vulnerable to its impacts. Indonesia will advocate for MDBs to play a more proactive role in mobilizing resources for climate resilience

In addition to climate action, Sri Mulyani pointed out that MDBs should be more active in addressing the challenges of poverty reduction and debt relief for low-income countries. She emphasized the importance of finding solutions that help nations overcome financial constraints and foster sustainable development. This is an issue of critical importance for many countries in the Global South, and Indonesia is determined to champion this cause at the G20 Summit.

Indonesia is also committed to advancing the agenda of sustainable finance and energy transition, which will be key topics at the G20. Sri Mulyani emphasized that the country’s energy transition is already underway, with steps such as the early retirement of coal-fired power plants in Cirebon. Indonesia aims to show leadership in energy transition, balancing its development needs with global environmental goals.

At the G20 Summit, Indonesia will seek to build stronger partnerships with other countries and organizations to accelerate the global transition to cleaner, more sustainable energy. Sri Mulyani reiterated Indonesia’s commitment to working with international partners, particularly in the context of financing renewable energy projects and reducing dependence on fossil fuels. The goal is to ensure that the transition is both just and inclusive, addressing the needs of all sectors of society.