AC Ventures and BCG Release Report on Decarbonization and Indonesia’s Green Growth Potential

Rahmat Jiwandono
Jumat 14 Juli 2023, 10:05 WIB
AC Ventures and BCG Carbon Report. (Sumber : Istimewa)

AC Ventures and BCG Carbon Report. (Sumber : Istimewa)

Techverse.asia – Earlier today, AC Ventures (ACV) and Boston Consulting Group (BCG) jointly released the country’s premier report on the decarbonization sector and its sweeping implications for the nation’s “green
growth” potential, outlining a pivotal role for the country on the global stage as it seeks to transform its economy. Green growth is a term to describe a path of economic growth and prosperity that is also environmentally sustainable.

Titled “Catalyzing Indonesia’s Green Growth Potential,” the report launched during an online press conference, in which BCG Project Leader Brendan Board presented an overview of the report’s key findings, followed by a panel discussion with BCG’s Managing Director and Partner in Singapore Marc Schmidt, AC Ventures’ Principal of ESG Lauren Blasco, and Maka Motors’ Co-founder and CEO Raditya Wibowo.

The panel then conducted a live Q&A session with reporters from around Southeast Asia. As the fourth largest global greenhouse gas (GHG) emitter, Indonesia faces significant environmental challenges and stands critically exposed to climate change risks.

Lauren Blasco of AC Ventures explained, however, Indonesia also possesses the immense potential to transition to a green economy. This shift is an opportunity for startups, MSMEs, and investors to play a leading role in fostering sustainable economic development and combating climate change.

"According to the report, green growth in Indonesia involves three key focus areas – strategy and professional services (a US$46 billion potential market by 2030), solutions that optimize GHG intensity (a US$350 billion potential market by 2030), and emission offsetting (a US$3.5 billion potential market
by 2030)," Lauren said, Friday (14/7/2023). 

Baca Juga: Ajang GIIAS 2023, Honda Akan Tampilkan 5 Mobil Elektrik

To leverage these opportunities fully, the report lays out how Indonesia can boost green financing, develop supportive regulatory frameworks, and nurture green talent. These measures will be crucial in meeting Indonesia's ambitious emission-reduction targets for 2030 and supporting the country's continued economic growth.

Marc Schmidt of BCG said, building a low-carbon economy and the associated decarbonization will provide opportunities for stakeholders across all sectors, including Indonesia’s large and important MSME sector. Broad participation by innovators will be essential to implement and sustain the necessary changes in Indonesia's.

Lauren added, their report underlines the tremendous decarbonization potential Indonesia holds. For example, the international demand for voluntary carbon credits is set to skyrocket, increasing by about 27% annually until 2030. Currently, around 30% of the world’s total carbon reserves are in Indonesia’s peatlands alone.

"When we commoditize their preservation, Indonesia is poised to be a frontrunner in this burgeoning market. We foresee our carbon credit market expanding to 140 million tons by 2030, a huge leap from the 40 million issued in the past decade. At a projected rate of US$25 per ton, this market alone could bring in US$3.5 billion annually, signaling a significant opportunity," she stated.

Indonesia, as Southeast Asia's single largest economy and one that is projected to be the world's fourth-largest by 2050, has a considerable stake in transforming into a green growth economy. Not only is this transformation environmentally imperative, but it is also a substantial business opportunity.

The report estimates the value of Indonesia's green growth opportunity at US$400 billion, combining industry revenue and carbon offset potential.
The report also spotlights the potential for smaller-scale ventures like startups and MSMEs, as well as investors and financiers, to drive Indonesia's transition.

For instance, Unravel Carbon, a notable startup providing a SaaS decarbonization platform, and MAKA Motors, accelerating EV two-wheeler adoption in Indonesia, exemplify the country's emerging green growth sector. Meanwhile, ventures like Fairatmos aid carbon mitigation project developers, establishing a developing domestic carbon credit ecosystem.

Baca Juga: Southeast Asia's Insurtech Market on the Rise: How PasarPolis is Paving the Way

To address the nation’s significant talent shortage, especially in the green startup space, Indonesia has established the National Talent Management body to develop and retain talent. Simultaneously, the Indonesian Financial Services Authority (OJK) is fostering sustainable finance practices, and the country's central bank has joined the Network for Greening the Financial System (NGFS).

"Indonesia's path to green growth is clear, but the journey will require concerted efforts from all sectors. We're calling on businesses, citizens, financiers, and investors to join us in building a future that's sustainable and equitable for all," said Marc.

Lauren added, in developing the regulatory frameworks and driving green growth across the economy, it's crucial to ensure a 'just transition.' "We need to consider the interests of all stakeholders and create economic transformations that are fair and equitable," said Lauren.

Follow Berita Techverse.Asia di Google News
Berita Terkini
Techno05 April 2025, 11:11 WIB

Jiplak Fitur TikTok, Reels Instagram Kini Bisa Dipercepat Saat Dilihat

Instagram kini memungkinkan pengguna untuk mempercepat Reels seperti di TikTok.
Reels Instagram sekarang bisa dipercepat saat diputar. (Sumber: istimewa)
Lifestyle05 April 2025, 11:00 WIB

Casio G-SHOCK x Barbie Rilis Jam Tangan Serba Pink

Jam Tangan GMAS110BE-4A Edisi Terbatas Mengekspresikan Pandangan Dunia Barbie.
Casio G-SHOCK GMAS110BE-4A x Barbie. (Sumber: Casio)
Techno04 April 2025, 16:36 WIB

Batas Waktu Pelarangan TikTok Berlaku 5 April 2025, Apa yang Terjadi Selanjutnya?

Trump menegaskan bahwa TikTok harus menjual platform mereka agar bisa tetap beroperasi di AS.
TikTok.
Automotive04 April 2025, 16:12 WIB

Hyundai Ungkap IONIQ 6 dan IONIQ 6 N Line dengan Desain Terbaru

Dua mobil listrik baru tersebut diperkenalkan di Seoul Mobility Show 2025.
Hyundai IONIQ 6.
Techno04 April 2025, 15:37 WIB

Spek Lengkap POCO M7 Pro 5G, Didukung Aplikasi Google Gemini

Mendefinisikan Ulang Hiburan 5G dengan Gaya dan Harga Terjangkau untuk Generasi Berikutnya.
POCO M7 Pro 5G. (Sumber: POCO)
Startup04 April 2025, 15:15 WIB

Elon Musk Sebut xAI Telah Resmi Mengakuisisi X

Masa depan kedua perusahaan tersebut saling terkait.
Elon Musk (Sumber: Istimewa)
Techno04 April 2025, 14:28 WIB

Kebijakan Tarif Trump Gemparkan Pasar Keuangan Global

Hal ini berpotensi kembali memicu kenaikan inflasi dan akan semakin menunda dimulainya kembali tren penurunan suku bunga.
Presiden AS Donald Trump. (Sumber: null)
Techno03 April 2025, 16:29 WIB

Nintendo Switch 2 akan Dijual Seharga Rp7 Jutaan, Rilis 5 Juni 2025

Perusahaan tersebut mendalami perangkat keras, fitur, dan permainan selama Nintendo Direct yang sangat sukses.
Nintendo Switch 2. (Sumber: Nintendo)
Techno03 April 2025, 16:05 WIB

Generator Gambar ChatGPT Sekarang Tersedia untuk Semua Pengguna Gratis

Sekarang semua orang dapat membuat karya seni ChatGPT ala Studio Ghibli.
Logo OpenAI (Sumber: OpenAI)
Startup03 April 2025, 14:52 WIB

Grab Dilaporkan akan Akuisisi Gojek: Butuh Dana Rp33 Triliun

Yang jadi kekhawatiran atas akuisisi ini adalah terjadinya monopoli di sektor startup layanan ride hailing.
Grab (Sumber: GRAB)