According to the minister, implementation of clean energy transition projects needed support from audit institutions in each of the G20 countries.
"Financial audit institutions have an important role in ensuring the consistent implementation of the NZE Program that is accountable and transparent," Tasrif noted at the Supreme Audit Institution G20 (SAI20) Summit in Nusa Dua, Bali, as quoted from a statement received here, Wednesday.
SAI20 is a forum formed to contribute to the G20 community, especially in responding to the needs of global governance, transparency, and accountability, especially in situations and during the post-pandemic period, to accelerate economic recovery and support the achievement of sustainable development goals (SDGs).
He later stated that the presence of audit institutions was expected to provide concrete energy transition policy recommendations.
"This will improve the performance and accountability of public sector institutions, both in terms of program and policy effectiveness," Tasrif added.
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The Indonesian government has, so far, made efforts to create a green economy by developing bankable projects, incorporating supporting factors for green growth investment, designing innovative economic instruments and policies, and implementing good governance to maintain a conducive renewable investment climate.
"New and renewable energy has the potential to become a driving force for the local industry, investment, and job creation as well as ensuring energy security and climate change mitigation," Tasrif noted.
To this end, the government is striving to create an environment that supports transparency of non-financial information, such as policies based on environmental, social, and governance principles or Environmental, Social, and Governance (ESG) to support the clean energy transition process, he stated.
The minister also offered to intensify collaboration between ministries and related stakeholders to supervise the implementation of strategic projects.
"We want the efforts to be in accordance with the corridor and be able to anticipate any irregularities to accelerate accountable economic development," he stated.
He expressed optimism that all relevant parties would assist in conducting the audit and providing access to the requisite data and information related to the examination while taking into account the applicable laws and regulations.
Indonesia already has in place a roadmap to achieve the NZE by 2060 or sooner to support the implementation of a green economy. The economy and funding schemes are one of the challenges in implementing energy transition.
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Translator: Kelik Dewanto, Resinta S
Editor: Suharto
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