Jakarta (ANTARA) - Finance Minister Sri Mulyani Indrawati held a bilateral meeting with Minister of State for Financial Affairs of the United Arab Emirates (UAE), Mohamed Bin Hadi Al Hussaini, to discuss climate change commitment and cooperation.

The meeting took place on the sidelines of the 28th meeting of the Conference of the Parties to the UNFCCC (COP28) in Dubai, the UAE, on Monday (December 4, 2023).

"In the meeting, the topics we discussed were about COP28, climate change commitment, and cooperation between the two countries," Indrawati informed in Jakarta on Wednesday.

She said that both Indonesia and the UAE are paying close attention to climate change handling efforts.

Indonesia is pursuing an energy transition through the Energy Transition Mechanism (ETM), which was introduced at the G20 forum in Indonesia.

It is also handling climate change by issuing green bonds, implementing a carbon market and carbon tax, and using green taxonomy as a catalyst for private sector investment.

Indrawati expressed the hope that the meeting with the UAE Minister would bring many benefits to Indonesia and the UAE.

"It was a short but very concise conversation. Hopefully, it can produce various benefits for the community," the minister remarked.

Indrawati also held several other bilateral meetings on the sidelines of COP28, namely with executive director of the Green Climate Fund (GCF), Mafalda Duarte; Dutch Finance Minister Sigrid Kaag; and managing director of Citigroup, Julie Monaco.

The COP28 in Dubai raised four themes, namely fast-tracking energy transition, fixing climate finance, focusing on nature, people, lives, and livelihoods, as well as inclusivity.

Related news: COP28: Indonesia pushes blended climate financing
Related news: Indonesia stresses climate change commitment during meeting with WB
Related news: Individual action will not resolve climate crisis: Minister Indrawati

Translator: Agatha Olivia, Raka Adji
Editor: Azis Kurmala
Copyright © ANTARA 2023