The G20 2022 summit focuses on three pillars, namely: global health architecture, sustainable energy transition, and digital transformation. These themes are prioritized in recognition that countries have varying capacities and needs in addressing the global pandemic and in striving towards a more sustainable recovery. The focus on energy transition underscores the important role of energy in the recovery - to drive economic activities, support everyday life, and ensure public services.
The Asian Development Bank (ADB), together with the Indonesian Academy of Sciences (AIPI) and Universitas Indonesia, has partnered with the Science20 (S20) engagement group of the G20 to deliver this webinar on just energy transition on 17 March 2022 at 3:00 p.m. Jakarta time.
Energy transition is likewise integral in attaining COP26’s goal of global net zero by mid-century and keeping the Paris Agreement’s target of 1.5 degrees. The recent COP26 called on countries to set ambitious 2030 emission reduction targets that align with reaching net zero by mid-century. In addition to climate goals, a just energy transition can catalyze the achievement of the Sustainable Development Goals (SDGs). Transforming energy systems will create new jobs, advance access to clean and modern energy, empower people and societies.
Each country has unique challenges and needs in transforming their energy systems. Existing energy structures, both infrastructure and organizational systems, are well-established and must evolve to make way for the energy transition. New skills and expertise must be built locally to support the shift. Furthermore, it is imperative that the transition is inclusive. Energy services must be made affordable and accessible to everyone.
Addressing the energy transition challenges opens new employment and economic opportunities that support global recovery. More high-quality jobs will be available. The need for innovative technologies, digitalization, and the shift towards decentralization opens the market to micro, small and medium enterprises (MSMEs). Energy services will be made more affordable and accessible, which contribute to achieving the SDGs. How can the energy transition be accelerated to reap these benefits and deliver the development and climate targets?
ADB’s 2021 Energy Policy promotes the low carbon transition in Asia and the Pacific while supporting universal access to reliable and affordable energy services. It is in line with ADB’s Strategy 2030 of achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB remains committed not to fund new coal power production and targets to deliver $100 billion in climate financing to its developing member countries in 2019-2030. In October 2021, the ADB joined other multilateral development banks in committing to a just transition that supports developing member countries to move toward net-zero emissions.
The objectives of this webinar are:
- discuss how to deliver a just and equitable low-carbon energy transition,
- identify the current and future challenges, and
- present strategies and mechanisms to address these challenges.
Open to all participants including government stakeholders, policy makers, donors, academia and scientific community
- Prof. Satryo Soemantri Brodjonegoro, Chair of Indonesian Academy of Sciences / Chair of Science20 (S20)
- Mr. Joko Widodo – President of Indonesia, Chair G20
- Mr. Masatsugu Asakawa - President, the Asian Development Bank
- Prof. Hoesung Lee - Chair of the Intergovernmental Panel on Climate Change (IPCC)
- Mr. Francesco La Camera - Director General, International Renewable Energy Agency (IRENA)
- Mr. Ahmed Saeed - Vice-President for Operations 2, Asian Development Bank
- Dr. Sri Mulyani Indrawati - Minister of Finance, Indonesia
- Mr. Arifin Tasrif - Minister of Energy and Mineral Resources, Indonesia
- Mrs. Helen Clark - Former Prime Minister of New Zealand / Chair of the Extractive Industries Transparency Initiative
- Mrs. Sharan Burrow - Secretary General of the International Trade Union Confederation
- Mrs. Laurence Tubiana - CEO of the European Climate Foundation
How to register
Open to all
Event organizers / partners
- Organizer: Science20 (S20)
- Partners: Asian Development Bank, Indonesian Academy of Sciences (AIPI)