Jakarta, CNBC Indonesia-The energy transition is crucial and urgent as the world responds to the global challenge of building a more resilient global energy system. But to do so is not as easy as turning the palm of the hand.

So there needs to be synergy or collaboration that needs to be done by both the government and the private sector.

Director of PT Bayan Resources Indonesia Tbk Alexander Ery Wibowo himself revealed that industry players have made various preparations to support government programs in pursuing the NZE 2060 target.

Especially for BYAN, Alexander said, his party has implementeda green miningprogram in an effort to support the government's efforts.

The various things that BYAN has done ranging from the process of water management, waste management and post-mining land to the use of new renewable energy.

"We're still in the business plan, the (transition) plan. In practice, we have implementeda green miningprogram," he said at the CNBC Indonesia G20 Forum with the theme 'The Future of Indonesian Energy Transition, Monday (7/11/2022).

He sees that coal industry players are still preparing themselves so far in terms of funding, to encourage the energy transition. This is because the cost of the energy transition is not small.

So that the industry is taking advantage of opportunities such as recording better finances, implementingcorporate good governanceso that it can find funding easily.

With strong funding, he is also optimistic that the coal industry can encourage the acceleration of the energy transition.

"I think the opportunity exists. Coal prices in the last 3-4 years have been good. It can support the financial health of the company. So preparingfor the abilitybank is important to implement the energy transition," he explained.

Image source: CNBC Indonesia TV

Source: https://www.cnbcindonesia.com/market/20221107121830-17-385655/direktur-byan-sebut-industri-siap-untuk-transisi-energi