JAKARTA – The Indonesian Chamber of Commerce and Industry (Kadin) recognizes the important role of the insurance industry in encouraging green economy investment in Indonesia.
“As a shelter for companies and industrialists in Indonesia, Kadin Indonesia recognizes the important role of the insurance industry in promoting sustainability and accelerating the transition to renewable energy by providing stability financially as well as risk reduction also allows insurance companies to offer wider cover/ coverage to encourage investments in green economy,” Kadin Indonesia President Arsjad Rasjid said in Jakarta, as quoted by Antara on Wednesday, July 24.
Arsjad said that through enhanced Nationally Determined Contributions (NDCs), Indonesia called for more ambitious measures in efforts to achieve the climate goals, namely to reduce greenhouse gas emissions by 31.89% by 2030 and reach net zero by 2060 or earlier.
However, there are risks associated with the conversion efforts to achieve a green and sustainable economy. For example, there are many investment opportunities with a high degree of uncertainty.
Such risks are difficult to predict due to a lack of historical data.
“It is the insurance industry, including insurance companies, that plays a role in participating in these risks and making green investment activities more palatable and safer for investors,” said Arsjad.
With the spirit of the Indonesian people, commonly known as gotong royong, Kadin believes that strong collaboration between various industries, both private and public as well as international parties, is necessary to build a green, resilient and future-ready Indonesia.
“Together we can achieve Indonesian Gold 2045, which parallels the momentum 100 years after Indonesia’s independence, towards sustainable growth,” Arsjad said.
For information, the insurance company is a company that provides services based on the risks encountered by the casualty insurance company and/or the mental insurance company.
Insurance companies must obtain a business license from the Danish Financial Supervisory Authority (OJK). Insurance companies provide relocation service activities against risks faced by insurance companies or other insurance companies.
Insurance companies helped insurance companies expand the ability of insurance companies to receive certain risks, spread the risks they bear, stabilize the company’s profits, minimize the necessary technical reserves, develop the company’s activities and improve the principle of professionalism and the company’s competitiveness.
Tag: ekonomi kadin kadin indonesia ketua kadin arsjad rasjid asuransi
