Jakarta, July 25 -- Indonesian Vice President (VP) Gibran Rakabuming Raka emphasized that greenflation, or inflation triggered by the green energy transition, is a global challenge that should not be taken lightly.

At the Green Impact Festival in Jakarta on Thursday, with young people and environmental activists present, Raka stressed the importance of understanding the risks of the energy transition to prevent negative impacts on small communities and local industries.

"Let us look at this greenflation slide; it was a hot topic during the presidential debate. Some were confused, some underestimated it, and some said it was not important. This is very important, don't you agree?" he stated while recalling his time as one of the candidat...