ASEAN can hold key role in global carbon market

Indonesian Trade and Industry Chamber (Kadin) head Arsjan Rasjid on September 5 underscored at the 2024 International Sustainable Development Forum (ISF) that sustainability plays a key part in achieving an economic growth of 8%.

Delegates at the 2024 International Sustainable Development Forum (ISF) (Photo: en.antaranews.com)

He also highlighted that the ISF 2024 provides a platform for ASEAN countries to standardise and certify carbon markets, enabling the region to become a significant voice in the global carbon market.

Rasjid stated that to reach economic growth targets, the country must attract investment by establishing sustainable enterprises, a key driver for long-term growth across Southeast Asian economies.

Indonesia, rich in biodiversity, ranks second globally in biodiversity after Brazil. By managing this resource effectively, the country can lead the formation of a Southeast Asian carbon market alliance.

Additionally, its abundant skilled workforce offers further advantages for attracting foreign investment./.

VNA