INVITATION TO TREASURY SECRETARY PAULSON FROM INDONESIAN

UNCLAS SECTION 01 OF 02 JAKARTA 001984 SIPDIS SIPDIS TREASURY FOR SECRETARY PAULSON TREASURY FOR IA-BAUKOL SINGAPORE FOR BAKER DEPT FOR OES/EGC AND EAP/MTS COMMERCE FOR NOAA/INTERNATIONAL USDOE FOR INTERNATIONAL AND FOSSIL ENERGY E.O. 12958: N/A TAGS: OTRA ECON KGHG SENV ENRG ID SUBJECT: INVITATION TO TREASURY SECRETARY PAULSON FROM INDONESIAN MINISTER OF FINANCE TO COP-13 ¶1. Embassy received the following letter from Minister of Finance Sri Mulyani Indrawati, dated July 9, 2007. Related to the larger conference (United Nations Framework of Convention on Climate Change 13th Conference of Parties) December 3-14, Secretary Paulson is invited to attend an Event of Ministers of Finance on Climate Change on December 11 in Bali, Indonesia. Embassy sent a scanned copy of the documents to the Departments of State and Treasury. BEGIN TEXT MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA Ref. No: S-296 /MK 011/2007 July 9, 2007 H.E. Mr. Henry M. Paulson, Jr. Secretary of the Treasury SIPDIS Washington, U.S. Subject: Indonesian Minister of Finance Initiative for a High Level Event during the UNFCCC COP13/MOP3; Bali, 10-11 December 2007 Dear Mr. Paulson, Indonesia will host the 13th Conference of Parties of the United Nations Framework of Convention on Climate Change (UNFCCC) in Bali in December 2007. Earlier this year, in discussions with the UNFCCC Executive Secretary, Mr. Yvo de Boer, I agreed to host a high level event for Ministers of Finance in parallel with the Conference of Parties. Climate change has become one of the most important global issues that require effective international policy frameworks and actions. The effects of climate change are estimated to be most severe in the poorest countries of the world, creating a potentially serious constraint on continued development. Developed countries also face serious risks from rising temperatures, changing weather patterns, and rising sea level. I would like to invite you to attend the High Level Event of Ministers of Finance on Climate Change, which will be held on December 11th, preceded by a meeting of Deputies on the 10th of December 2007. The meeting aims to initiate a discussion process among Finance Ministers on climate change issues. For its content and structure, I am proposing three discussion sessions, followed by a wrap-up session. During each technical session, we will ask for brief presentations by a developing country, a developed country, and an international financial institution. Participants will be asked to share their comments during the discussion period. The results of the discussion will be reported at the UNFCCC COP13/CMP3 plenary sessions on the following day. For further detail of the event and participation you may contact Mr. Anggito Abimanyu, the Head of Fiscal Policy Office and Indonesia's finance deputy (phone +6221 3441484; fax +6221 3848049; anggito a() indosat.net. id; cc to herfan a(),.depkeu.go.id). The three sessions would focus on the Economic Magnitude and Consequences of Climate Change; Policy Instruments for Addressing Climate Change; and Common Objectives on Climate Change Finance Issues. A final session would discuss follow up initiatives, which could include regular meetings, discussions at future UNFCCC Conferences, or a working group to explore means for incorporating climate change into development financing approaches. In this regard, I would be delighted if you or a person from your institution designated by you would participate in the meeting as a presenter for Session 2: Policy Instruments for Addressing Climate Change. To ensure that the discussion on the topic is focused, we attach the terms of reference of the workshop. Although climate change has been discussed in previous meetings of the G8 and the G20, this would be the first global event where Ministers of Finance could focus on the tools and policies that they can bring to bear on climate change mitigation and adaptation issues. To keep the event manageable, I propose to invite the G20 and ASEAN countries, some of Indonesia's key development partners, as well as the next hosts of the Conference of Parties of UNFCCC. JAKARTA 00001984 002 OF 002 The major international finance institutions would also be invited, but the event would focus on the roles that Finance Ministries can play in this emerging global challenge. You and your delegation will be welcomed in Bali at a reception on the evening of Monday 10 December 2007 with Indonesian and international business and community leaders. On the evening of Tuesday, 11 December 2007, we would be delighted if you could participate in a dinner and cultural event. I am quite enthusiastic about the potential of this event and I hope you will be able to participate and contribute actively to the discussion. I would be grateful to have a response by no later than July 28, 2007. Please send a reply by fax at +6221 3451205. I will be following up with you to consolidate these arrangements in upcoming meetings of APEC, G20 and at the WBG Annual Meetings in October in Washington, D.C. Sincerely Yours, (Signed) Sri Mulyani Indrawati Minister of Finance Cc: ¶1. President of the Republic of Indonesia ¶2. Vice President of the Republic of Indonesia ¶3. Minister of Foreign Affairs of the Republic of Indonesia ¶4. Coordinating Minister for Economy of the Republic of Indonesia ¶5. State Minister for the Environment of the Republic of Indonesia ¶6. Chairman of National Development Planning Agency ¶7. Executive Secretary, UNFCCC ¶8. Head of Fiscal Policy Office Attachments: ¶1. Terms of Reference for High Level Event of the Ministers of Finance at the UNFCCC COP13/CMP3. 10-11 December 2007, Nusa Dua, Bali, Indonesia ¶2. UNFCCC COP13/CMP3 First Announcement Brochure END TEXT HUME