Posted by foongsh > 2023-04-17 16:48 | Report Abuse

BERLIN - Indonesia is set to join a new climate club established by the Group of Seven nations, German Chancellor Olaf Scholz said. The addition of South-east Asia’s biggest economy would add heft to the club, which Mr Scholz pushed to create in 2023 in a bid to coordinate global rules on climate matters and avoid trade disputes over green tariffs. Indonesia is set to receive several billion euros in the coming years from rich nations and private investors to accelerate its shift away from fossil fuels, Mr Scholz said, in a speech on Sunday that opened the Hannover Messe trade fair, with Indonesian President Joko Widodo in attendance.