ASEAN economic community discusses strategy for carbon neutrality

The private sector has presented their views and inputs towards the development of the ASEAN Strategy for Carbon Neutrality at the recent 9th ASEAN Economic Community (AEC) Dialogue in Jakarta, Indonesia.
ASEAN economic community discusses strategy for carbon neutrality ảnh 1At the event (Photo: asean.org)
Jakarta (VNA) - The private sector has presentedtheir views and inputs towards the development of the ASEAN Strategy for CarbonNeutrality at the recent 9th ASEAN Economic Community (AEC) Dialogue inJakarta, Indonesia.

The dialogue was organised by the ASEAN Secretariat, withthe support of the Australian Government through the Australia for ASEANFutures – Economic and Connectivity. Participating in person and virtually weremore than 200 participants consisting of corporate leaders from variousindustries such as food and beverage, cement, logistics, shipping, agriculture,carbon offset project developers, textiles, independent power producers, banks,and infrastructure financing institutions.

Its breakout sessions focused on such key issues as green infrastructure, integrationof decarbonised value chains, and circularity in regional trade; green skilldevelopment and mobility, and interoperable carbon markets, among many others.The inputs gathered from the dialogue will be incorporated in the study forASEAN Strategy for Carbon Neutrality, one of the bloc’s priorities underIndonesia’s chairmanship this year.

In his remarks, Deputy Secretary-General of ASEAN for AECSatvinder Singh said the bloc houses one of the world’s largest natural carbonsinks, accounting for 36% of global cost-effective nature-based solutionspotential.

He also highlighted the need for ASEAN to take a collectiveapproach that will accelerate the region’s transition towards low-carboneconomy, and called upon the business communities to take part in thetransition by integrating sustainability into current business models, adoptingcleaner technologies, promoting energy efficiency, and investing in renewableenergy.

Ambassador of the Australian Mission to ASEAN Will Nankervisunderscored the importance of the ASEAN Strategy on Carbon Neutrality andaffirmed Australia’s ongoing support for the regional efforts to realise acarbon neutral future./.
VNA

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