The Indonesian government, through the Ministry of Environment (KLH), is pushing for concrete cooperation with Sweden business community to accelerate emission reductions through Indonesia’s carbon economic value (NEK) framework.

Minister of Environment and Head of Indonesia’s Environmental Management Agency, Hanif Faisol Nurofiq, said the cooperation will be formalized through the signing of a memorandum of understanding (MoU) between the two countries.

“We are opening a major opportunity for Sweden’s business community, facilitated by the Swedish government, to contribute to reducing greenhouse gas emissions through our carbon economic value scheme,” Hanif said after a bilateral meeting at the Sweden Pavilion during COP30 in Belém, Brazil, on Wednesday, November 12, 2025.

He stressed that the success of COP30 must be measured through concrete action, not promises.

“The credibility of COP30 will be judged by action, not pledges. Indonesia is ready to work hand-in-hand with global partners to turn ambition into real impact,” he said.

Diana Janse, Sweden’s State Secretary for International Development Cooperation and Foreign Trade, expressed strong support.

“We discussed the strong relationship between our countries. Many initiatives are underway, particularly related to COP30, Indonesia’s focus on waste management, and how Sweden can support these efforts,” Janse said.

Indonesia's readiness is reinforced by the submission of its Second Nationally Determined Contribution (SNDC) ahead of COP30. The document sharpens Indonesia’s emission-reduction trajectory while maintaining economic growth toward Net Zero Emissions by 2060 or sooner.

To accelerate high-integrity climate finance and carbon transactions, Indonesia is pushing for the use of Article 6 of the Paris Agreement, which opens pathways for bilateral carbon-credit collaborations between businesses in both countries. At the Indonesia Pavilion, the government promoted its High-Integrity Carbon Credit Cooperation initiative, offering around 90 million tons of verified carbon credits.

KLH emphasized that strengthening bilateral partnerships with Sweden will complement slower multilateral processes. The cooperation is expected to expand private-sector participation in emission reduction efforts while driving green investment, environmental rehabilitation, and community empowerment.