Jakarta, Oct. 24 -- Indonesia and Brazil have the potential to emerge as global powerhouses in the energy transition and climate-change mitigation, Indonesian Chamber of Commerce and Industry (Kadin) Chairman Anindya Novyan Bakrie said on Thursday.

"Brazil and Indonesia share similarities. Both aim to become leaders in the energy transition and are committed to tackling climate change," Bakrie said at the Indonesia-Brazil Business Forum in Jakarta.

He noted that both nations are rich in critical minerals, with Indonesia possessing vast nickel and bauxite reserves and Brazil holding complementary mineral resources.

Brazil, he added, has also led biofuel development and gained global recognition for its ethanol production over the past t...