Singapore - Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Novyan Bakrie, underscored that climate change is a deeply personal issue for Indonesia. Speaking at the Milken Asia Summit 2025, held at the Four Seasons Hotel Singapore on Friday (October 3, 2025), Anindya often known as Anin emphasized the nation’s unique vulnerability.

“When we talk about climate change in Indonesia, it’s deeply personal. We are the world’s largest archipelagic nation, with over 17,500 islands. Some of them are literally disappearing before our eyes,” Anin said.

According to Anin, the impact of climate change extends beyond environmental damage it directly affects daily life, including food supply chains, water availability, and energy access.

“That’s why, when we committed to reaching net zero by 2060, our real ambition is to get there sooner with the help of various partners, including the private sector,” he explained.

Anin highlighted Indonesia’s significant potential in supporting the global decarbonization agenda both through its vast natural resources and renewable energy potential. Underground, Indonesia holds some of the world’s largest reserves of critical minerals such as nickel and copper. Above ground, it is rich in renewable energy sources.

“Three months ago, Indonesia announced a power generation target of 103 gigawatts, with 75% expected to come from renewable sources. This is a major leap, given that our current installed capacity is only around 75 gigawatts,” Anin stated.

He stressed that achieving this transition will require more than just funding it will require knowledge transfer and human capital development.

“What we need isn’t just money we’ll figure that out. What’s more important is skills, technology, and partnerships,” Anin emphasized.

As the umbrella organization representing all business sectors in Indonesia from large corporations and state-owned enterprises to MSMEs and cooperatives Kadin is committed to fostering meaningful collaboration to tackle the climate crisis.

“At Kadin, we believe in collaboration. Just last week during Climate Week at the UN General Assembly, we partnered with Bloomberg to develop the Energy Transition Factbook ensuring our efforts are data-driven,” Anin shared.

Kadin has also launched the Kadin Net Zero Hub, an initiative to help businesses develop concrete roadmaps toward achieving net-zero carbon emissions.

“Many companies talk about net zero but we need to turn that intention into action. Net Zero Hub bridges the gap between ambition and execution,” said Anin.

In addition, Kadin has established the Carbon Center of Excellence, a knowledge and collaboration hub focused on carbon management and climate solutions.

Anin also touched on the spirit of gotong royong the Indonesian tradition of mutual cooperation and the country's globally recognized culture of generosity. He cited data from the Charitable Aid Foundation, which has ranked Indonesia as the most generous country in the world for the past seven years.

“This matters. Because we also need to find ways to channel that generosity into climate solutions,” Anin noted.

Looking ahead, Anin stressed that Indonesia’s future will depend heavily on how it responds to the challenges of climate change while capitalizing on the opportunities presented by clean energy transition.

“Indonesia is in a unique position. We have the resources, the spirit of collaboration, and now we need the skills and partnerships to realize our potential,” Anin concluded.

The Milken Asia Summit 2025 in Singapore is an annual event hosted by the Milken Institute. It brings together global leaders from business, government, finance, technology, and philanthropy to engage in dialogue and collaboration on pressing global challenges.