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Indonesia, Singapore Collaborate for Carbon Capture Storage

By Cpiet Jumat, 16 Februari 2024 Pengunjung (227) 1 Mins Read
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Inp.polri.go.id - Jakarta.  Indonesia and Singapore have signed a letter of intent to collaborate on cross-border Carbon Capture and Storage (CCS) projects aimed at achieving net zero emissions by 2050, an official said on Thursday (15/2/2024). Jodi Mahardi, the Deputy for Maritime Sovereignty and Energy at the Coordinating Ministry for Maritime Affairs and Investment, said that the initiative positions Indonesia as a significant player in the Southeast Asian CCS landscape, introducing a model of cross-border environmental cooperation. Keith Tan, the Deputy Secretary (Industry) of Singapore's Ministry of Trade and Industry, described cross-border CCS as an emerging solution in Asia, supporting Singapore's transition to a low-carbon future. He said that Singapore is the first nation to formalize such an agreement with Indonesia following the announcement of its presidential regulation on cross-border CCS. The LOI indicates the importance of CCS as a decarbonization tool, emphasizing its potential to support sustainable industrial practices and create new economic prospects. A joint working group comprising officials from both countries will collaborate to establish a binding bilateral agreement, enabling the cross-border transportation and storage of carbon dioxide between Indonesia and Singapore. (mg/inp/pr/nm)
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