Jakarta will be underwater by 2030: National Council on Climate Change

Jakarta will be underwater by 2030: National Council on Climate Change

Friday, September 13, 2013 – 09:10

The Jakarta Post/Asia News Network

The National Council on Climate Change (DNPI) predicts that half of Jakarta will be under water by 2030 due to global warming. DNPI executive chairman Rachmat Witoelar said on Thursday that global warming could cause sea levels to increase significantly. “If we allow this situation to continue, then by around 2030, half of Jakarta, specifically areas such as Ancol, will be under water,” he said in Jakarta on Thursday, as quoted by Antara news agency.Rachmat said that certain measures had to be taken in order to contain and anticipate the impacts of climate change.

He said big cities such as Jakarta contributed significantly to environmental damage, caused by garbage, air pollution from vehicles, tree-cutting activities and decline in open green spaces due to land conversion.

“Health Minister Nafsiah Mboi has asked people to become more aware of environmental problems and climate change because all these issues will negatively impact people’s health,” said Rachmat.

He added that people had to increase awareness on the need to protect themselves from the impact of global warming by keeping the environment green, maintaining cleanliness, and reducing air pollution.

Rachmat said that the government through the DNPI has continued to tackle the multiple impacts of climate change.

Recently, the DNPI launched a book titled “Climate Change and Challenges of the Nation’s Civilization”.

Rachmat said Indonesia has discussed efforts on how to improve the global environment, which was also related to the state of domestic environment.

“Indonesia ratified the United Nations Framework Convention on Climate Change (UNFCCC) on Aug.23, 1994. As an active UN member country, Indonesia has played an active role in tackling environment crisis,” he said.

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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