Jakarta Regional Apparatuses Encouraged to Participate in Sustainable Development
Jakarta (ANTARA) - The head of Jakarta’s Investment and One-Stop Integrated Services Office (DPMPTSP), Heru Hermawanto, is encouraging regional government organisations (OPD) to participate in sustainable development through the Clean Investment Accelerator programme.
“I invite everyone to take part in our sustainable development and sustainable investment, and we can start with the Clean Investment Accelerator,” he said at an online event themed “Encouraging Sustainable Investment in Jakarta: Clean Investment Accelerator” on Thursday.
Heru noted that development has often neglected the environment, which is why sustainable development is being translated into green or sustainable investment.
“Almost every sector is connected to investment. That is why I invite all my colleagues to be willing to take part, to understand and be aware of sustainability, particularly with regard to sustainable investment,” he said.
At the same event, the head of the Investment Division at DPMPTSP DKI Jakarta, Budya Pryanto Putra, said that green investment realisation in Jakarta between 2020 and 2024 remains minimal.
“In 2020, only 0.01 per cent was considered green investment. In 2021 it rose to 2.44 per cent, in 2022 it increased significantly to 7 per cent of total investment realisation, in 2023 it was around 2.15 per cent, and in 2024 it stood at 3.34 per cent,” Budya explained.
Yet, according to the Climate Investment Opportunities in Cities report released by the International Finance Corporation (IFC) in 2018, Jakarta has the opportunity to attract environmentally friendly green investment worth US$30 billion up to 2030.
The breakdown of this investment potential consists of green buildings at US$16 billion, waste (US$725 million), public transport (US$660 million), renewable energy (US$3 billion), clean water (US$3 billion), and electric vehicles (US$7 billion).
“The IFC estimates that the potential for green investment in Jakarta is roughly Rp500 trillion. Based on a study conducted with Bappeda, this is the potential of various infrastructure and non-infrastructure projects in DKI Jakarta that could be allocated to green investment,” Budya said.