Semarang, Indonesia, September 24, 2019—IFC,
a member of the World Bank Group, and the government of Switzerland have
been supporting Semarang in Central Java Province to improve the city's
energy efficiency through IFC's Green Buildings Market Transformation Program.
The aim is to encourage and support major cities like Semarang to develop
and implement policies that will reduce the use of electricity, CO2 emissions,
and water consumption.
Semarang joins Jakarta and Bandung as pioneer cities to implement the green
buildings codes in the country. Subsequently, this will potentially help
Semarang save 28 percent of energy consumption and 27 percent of water
consumption. Indonesia is among the five largest greenhouse gas emitters,
and the buildings sector is one of the country's largest final energy consumers.
The Mayor of Semarang, Hendrar Prihadi, said, "As part of its commitment
to reduce emissions by 29 percent by 2030, the Indonesian government is
pushing for higher energy efficiency in buildings. To take it forward,
it is necessary to modernize building construction with smart strategies
to save energy and minimize impacts of climate change within a local climate
context. Through this green building policy, Semarang is projected to reduce
carbon emissions by 28 percent."
"Indonesian cities are growing at 4.1 percent per year, the fastest
in Asia. Seventy percent of Indonesians will live in cities by 2025, which
may result in a multi-fold increase in electricity consumption by buildings,"
said Azam Khan, IFC Country Manager for Indonesia, Malaysia, and Timor
He added, "Given the scenario, green buildings could be a more sustainable
solution to keep up with the country's growing infrastructure needs and
its drive to increase resiliency to climate change. In this context, the
green buildings codes will help ensure sustainable development and penetrate
the green buildings market in Indonesia."
Supported by Switzerland's State Secretariat for Economic Affairs (SECO)
and in cooperation with the Indonesian Architect Association (IAI) Central
Java, Semarang's adoption of the codes will validate Indonesia's commitment
to reduce greenhouse gas emissions through green buildings.
"Switzerland is proud to have partnered with IFC to support the Green
Building Program in Indonesia. Green buildings are opportunities for sustainable
development; they help reduce energy consumption, cut greenhouse gas emissions,
conserve natural resources, improve air and water quality, and generate
savings for building owners and residents. We trust that the positive experiences
in Jakarta, Bandung, and Semarang will inspire other cities to follow suit
and further boost the construction of green buildings across Indonesia,"
said André Pantzer, Program Manager at the Private Sector Development Division,
IFC—a sister organization of the World Bank and member of the World Bank
Group—is the largest global development institution focused on the private
sector in emerging markets. We work with more than 2,000 businesses worldwide,
using our capital, expertise, and influence to create markets and opportunities
where they are needed most. In fiscal year 2019, we delivered more than
$19 billion in long-term financing for developing countries, leveraging
the power of the private sector to end extreme poverty and boost shared
prosperity. For more information, visit www.ifc.org.
SECO is Switzerland’s competence center for all core issues relating to
economic policy. SECO’s economic development cooperation strives to achieve
inclusive sustainable growth and poverty reduction. Its activities aim
to create more and better jobs, to enhance trade and competitiveness, to
support effective institutions and services and to foster climate resilient
economies. For more information, visit www.seco-cooperation.admin.ch.