Singapore and Indonesia have signed three agreements that the two countries say will lead to stronger cooperation in clean energy and sustainable development.

The Ministry of Trade and Industry of Singapore and Indonesia’s Ministry of Energy and Mineral Resources signed three separate memorandums of agreement last week in Jakarta on cross-border electricity trade ( CBET ), carbon capture and storage ( CCS ), and the development of a sustainable industrial zone ( SIZ ).

Under the CBET agreement, Indonesia hopes to export up to 3.4 gigawatts of low-carbon power to Singapore by 2035. And, under the SIZ agreement, the two countries will look to develop several Indonesian islands near Singapore, including Batam, Bintan and Karimun, to become industrial zones that can eventually provide green energy for both countries.

The CCS agreement will ensure the creation of a joint Singapore-Indonesia working group that will study components of a legally-binding government-to-government agreement on CCS, which will allow related cross-border projects to be implemented.

Tan See Leng, Singapore’s minister-in-charge of energy, science and technology, says the agreements mark “a significant milestone” in Singapore’s continued partnership with Indonesia and are “win-win partnerships” between the two countries.

”The agreements reflect both countries’ resolve to pursue impactful low-carbon and sustainability-focused initiatives,” Tan adds, noting that they will support both countries in achieving a resilient and low-carbon energy future, while also generating new investments into green activities.