COP30: From the UAE to India, Brics+ have big projects in the energy sector

Indonesia, the giant dilemma World’s carbon sink with 93 million hectares of forests and the largest mangroves, Indonesia is also among the most vulnerable countries to rising sea levels and extreme climate events. While Jakarta aims for carbon neutrality by 2060, the country is already among the top seven global greenhouse gas emitters and maintains a clear stance: the transition must not hinder development and will depend on massive financial support from developed countries. According to The Jakarta Post, the new climate roadmap remains ‘vague,’ still relying on fossil fuels and large agro-industrial megaprojects, delaying emissions peak by five years and focusing more on carbon offsetting and storage than actual reductions. President Prabowo Subianto, who will not attend COP30, sees the summit as primarily a ‘fundraising’ event, according to Tempo. The delegation will be led by his brother, a businessman tasked with selling 13.4 billion tons of CO2 credits to boost a sluggish carbon market.