Indonesia has taken a significant step towards becoming a regional leader in carbon capture and storage (CCS) solutions with the establishment of the Carbon Dioxide Capture and Storage Center (ICCSC).
The Coordinating Minister for Maritime Affairs and Investment in Indonesia expressed that the center will pave the way for the development of low-carbon businesses in the future. This includes advancements in hydrogen production, blue and green ammonia, as well as methanol production. The establishment of the ICCSC is expected to accelerate the country’s energy transition agenda and contribute to achieving Indonesia’s emission reduction targets.
Indonesia has committed to reducing its own greenhouse gas emissions by 31.89 percent by 2030, with the possibility of reaching 43.2 percent reduction with international assistance. The establishment of the ICCSC aligns with these ambitious goals and demonstrates Indonesia’s commitment to combatting climate change and transitioning towards a more sustainable and environmentally friendly economy.
The ICCSC will serve as a focal point for research, development, and implementation of CCS technologies. It will facilitate collaborations among industry players, researchers, and policymakers to drive innovation and promote the adoption of CCS solutions. The center aims to position Indonesia as a regional hub for CCS, attracting investment and expertise in the field while fostering the growth of low-carbon industries.
The utilization of CCS technologies is crucial in mitigating greenhouse gas emissions, particularly carbon dioxide, which is a major contributor to climate change. Through capturing and storing CO2 emissions from industrial processes, power generation, and other sources, CCS can significantly reduce the carbon footprint and contribute to achieving global climate targets.
The establishment of the ICCSC reflects Indonesia’s commitment to sustainability and its determination to play a leading role in the transition to a low-carbon future. By investing in CCS technologies and creating a conducive environment for their implementation, Indonesia aims to contribute to global efforts in combating climate change while positioning itself as a key player in the development of clean and sustainable technologies.
The ICCSC will act as a catalyst for research and development, policy formulation, and collaboration, bringing together stakeholders from various sectors to address the challenges of climate change and accelerate the transition to a greener and more sustainable economy.