ASEAN has strong commitment to achieving the net-zero target and developing climate-resilient infrastructures. To achieve this vision, green investment of US$3 trillion will be needed until 2030.Jakarta (ANTARA) - Given its green technology capability, the United Kingdom is expected to increase investment in low carbon technology in the ASEAN (Association of Southeast Asian Nations) region, Indonesian Foreign Minister Retno Marsudi has said.
She made the remarks during the ASEAN-United Kingdom Ministerial Meeting held in Phnom Penh, Cambodia, on Thursday.
"ASEAN has strong commitment to achieving the net-zero target and developing climate-resilient infrastructures. To achieve this vision, green investment of US$3 trillion will be needed until 2030," she said in a written statement released by the Indonesian Foreign Ministry.
The signing of a cooperation agreement on a technical assistance and sustainable infrastructure fund -- UK-ASEAN Catalytic Green Finance Facility Trust Fund — is a good starting step to promote partnership in the green economy, she added.
During the meeting, Marsudi also stressed the significance of ASEAN and the UK contributing to peace and stability.
What is happening in Ukraine can occur elsewhere in the world, she pointed out.
"What is happening in Ukraine reflects the absence of trust or the existence of prolonged distrust. A lot of lessons can be taken from this situation," she said.
She also underscored the importance of ASEAN and the UK prioritizing the spirit of collaboration.
Multilateral cooperation must serve as a building block for creating stability and peace, instead of disintegration.
The ASEAN-UK Ministerial Meeting was the first of its kind after the UK was inducted as an ASEAN dialogue partner in 2021.
The meeting adopted an action plan for following up on the ASEAN-UK partnership during the 2022–2026 period, which, among other things, contains an agreement to enhance cooperation in the creative economy, including strengthening entrepreneurship and developing the market.
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Translator: Yashinta Difa P, Suharto
Editor: Rahmad Nasution
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