Antara News·Indonesia·Friday, November 13, 2026 at 02:57 AM UTC

Indonesia presses developed nations to meet climate finance targets

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Sanya Dinda, Tegar Nurfitra

Antalya, Türkiye (ANTARA) - The Indonesian government has called on developed countries to deliver on climate finance commitments in support of the New Collective Quantified Goal and the Baku to Belém Roadmap.

"Developed countries must take the lead in meeting the target outlined in the New Collective Quantified Goal, which is providing at least US$300 billion annually by 2035, while advancing transfers of technology," Presidential Special Envoy for Climate Change and Energy Hashim Djojohadikusumo said.

He made the statement at the Leaders' Summit of the 31st Conference of the Parties (COP31) to the United Nations Framework Convention on Climate Change in Antalya, Türkiye, on Thursday (Nov. 12).

Hashim stressed the importance of equitable contributions to climate action, noting that countries have varying capacities to build long-term resilience independently.

On that note, the envoy emphasized the importance of major powers taking concrete measures to assist other nations in anticipating the adverse impacts of climate change, especially those struggling with limited access to funding and technology.

He also pointed to the Baku to Belém Roadmap, which seeks to scale up financing for developing countries to US$1.3 trillion per year by 2035.

The target must be translated into concrete action, he added, referring to a similar call made during the 4th International Conference on Financing for Development.

"To that end, Indonesia is opening all avenues for climate financing, including through carbon pricing instruments. This year, Indonesia developed the National Carbon Unit Registry System and issued implementing regulations across sectors," Hashim remarked.

Furthermore, he stressed the need to make climate financing schemes more accessible and affordable while aligning them with national priorities.

He added that cooperation in this sphere must take into account the varied conditions of countries and be oriented toward tangible outcomes.

"Indonesia stands ready to cooperate with all partners with due regard for mutual respect and shared responsibilities," he said.

He also urged nations to make the most of COP31 as a platform for turning plans into real action.

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