Byline
Michael is a professional leader in the fields of energy investments, complex commercial deals, and sustainability with extensive international experience. His personal interests span from socio-political issues, history, and culture.
From the Archives
The Strategic Case of Climate Change for Indonesia
By michael on 17/12/2009
It is critical to frame the issue of climate change as a problem to the population. It should not be seen only as a problem to the environment, since it also poses grave challenges to social and economic development. Planet Earth has been in existence for more than four billion years and has gone through solar storms, meteor impacts and several ice ages. Several dozens of high-grade hurricanes and meters of rising sea level will not jeopardize the planet as much as it will demolish the people living on it.The window of opportunity for Indonesia to embed climate change considerations into its development plan and muster international support to undertake a low carbon development is still open – but not for long.
Category: Climate Change, Editorial, Indonesia
A climate change investment treaty amongst carbon-critical countries
The unprecedented investment gap in energy transition requires an additional US$2 trillion/year more investment in energy systems. This investment must be focused on carbon-critical countries if the world is to see change at the required scale and pace. A growing number of private and public investors are persuaded, but they lack the certainty necessary to justify taking the economic and political risks inherent in energy-transition investment. This paper proposes a novel approach to a proven concept of more than 3,000 investment treaties currently operational: a Climate Change Investment Treaty, focused on protecting carbon-critical investment in carbon-critical countries to help navigate the wicked problem that is energy transition.
Below is a link to a policy brief co-developed with Reg Fowler for the G20 Summit of 2022, as part of the T20 publication:
https://www.t20indonesia.org/wp-content/uploads/2022/09/PB-8-DE-RISKING-INVESTMENTS-IN-ENERGY-TRANSITION_A-CLIMATE-CHANGE-INVESTMENT-TREATY-AMONGST-CARBON-CRITICAL-COUNTRIES.pdf