COP29: Strengthening Long-Term Strategies - More Robust Climate Commitments Aligned with Development Goals

This event will spotlight Indonesia's progress on climate change commitments, providing a platform for knowledge exchange on good practices, lessons learned, and challenges for aligning climate and development objectives towards a low-carbon economy. It will highlight case studies where countries have made an effort to develop their long-term climate strategies–e.g., LTS-LCCR in Indonesia or LT-LEDS in some other nations–that are grounded in their improvement in Nationally Determined Contributions (NDCs) and aligned with national development planning, emphasizing the mutual reinforcement of economic growth, social equity, and environmental sustainability.  Indonesia has been implementing cross-sectoral climate mitigation strategies, including actions across forest and land use, agriculture, energy,  and waste sectors. To strengthen this comprehensive approach, Indonesia integrates Blue Carbon and Blue Economy initiatives into its broader climate strategy. Blue carbon ecosystems—such as mangroves and seagrasses—play a vital role in reducing emissions, enhancing climate resilience by protecting coastlines, and creating economic opportunities in sustainable fisheries and tourism.  The discussion will explore how climate mitigation actions, including the emerging blue carbon initiatives, can drive economic transformation and emphasize the need for effective policy measures, governance structures, and implementation plans that support both climate and development goals, ensuring these strategies are mutually reinforcing and achievable.  Further, we will also explore mechanisms to bridge the climate financing gap, focusing on making climate actions attractive to investors. This includes discussion on how to make climate actions more attractive for investment, ensuring that NDCs and LTS/LT-LEDS are seen as viable, investable frameworks—instead of burdening costs—to drive a country's sustainable growth. Lastly, the catalytic role of international support in accelerating the low-carbon transition in developing countries will be explored, emphasizing how global cooperation can unlock resources and technical assistance.