Indonesia's president urges developed nations to invest in green economy


FILE PHOTO: Indonesian President Joko Widodo, wearing traditional Jakarta outfit, delivers his annual State of the Nation Address, ahead of the country's Independence Day, in Jakarta, Indonesia, August 16, 2024. Tatan Syuflana/Pool via REUTERS/File Photo

JAKARTA (Reuters) - Indonesia President Joko Widodo on Thursday urged developed nations to invest in energy transition and climate solutions in the country, flaunting its huge potential for renewable energy project and carbon mitigation.

Jokowi, as the outgoing president is popularly known, said the Southeast Asian nation has over 3,600 gigawatts of renewable energy potential that could be developed as well as 3.3 million hectares (8.2 million acres) of mangroves that could absorb up to 12 times the amount of carbon dioxide absorbed by tropical rain forests.

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