Thursday, December 19, 2024

Indonesia, WRI join forces to achieve FOLU Net Sink 2030 targets

Reading Time: 2 minutes
Valina Zahra

Journalist

yan

Editor

Interview

Indonesia’s Ministry of Environment and Forestry and the World Resources Institute (WRI), a global research non-profit organization, have teamed up on February 17, 2023, to achieve the objectives of the FOLU (Forestry and Other Land Uses) Net Sink 2030. These objectives include decreasing emissions from the forestry and other land use industry and increasing carbon absorption, Antara news agency reported.

“Indonesia’s FOLU Net Sink 2030 is an important part of the country’s efforts to achieve its climate goals under the Paris Agreement. With nearly 60% contribution to reducing the greenhouse gas (GHG) emissions, it plays a significant role in fulfilling Indonesia’s obligations toward its Nationally Determined Contribution (NDC),” Environment and Forestry Minister Siti Nurbaya Bakar explained in Jakarta.

She mentioned that the partnership had a goal of exploring extensive strategies, approaches and procedures in using satellite imaging to map out lands.

Impressive steps

Indonesia and the WRI’s target under the FOLU Net Sink plan is to decrease carbon dioxide equivalent (CO2e) emissions by up to 140 million tons by 2030.

Another goal is to develop procedures and approaches for conducting land inventories by interpreting satellite images and conducting fieldwork.

The collaboration will entail technical discussions regarding the monitoring systems for FOLU, sharing of expertise to enhance the technical alignment of these monitoring systems, and cooperation in global forums on topics of shared concern, Forest Insights reported.

According to the WRI President Ani Dasgupta, Indonesia’s 2030 FOLU Net Sink is an impressive and innovative initiative by the government. He believes that it highlights the level of Indonesia’s dedication to combat the rapid deforestation that has been occurring in recent years.

Dasgupta also conveyed his excitement regarding the recently established technical partnership.

“I am excited about our technical collaboration that begins today under the leadership of Minister Nurbaya. We hope to synergize our joint technical efforts to show how Indonesia is progressing toward its globally important climate targets,” he stated.

Carbon emission reduction target

The government has raised its goal for reducing greenhouse gas emissions. According to the latest Enhanced Nationally Determined Contribution (ENDC) document, Indonesia has increased its target for emission reduction from 29% to 31.89% by 2030 through its own capabilities.

Meanwhile, the target for reducing greenhouse gas emissions through international cooperation has also been increased from 41% to 43.2%.

Source: Directorate General EBTKE & Katadata.co.id

In 2019, Indonesia successfully reduced 54.8 million tons of CO2e. This exceeded the set target of 51 million tons of CO2e. A year later, the country successfully reduced 64.4 million tons of CO2e. This exceeded the set target of 58 million tons of CO2e.

In 2021, Indonesia managed to reduce 69.5 million tons of CO2e. This exceeded the set target of 67 million tons of CO2e.

Lastly in 2022, Indonesia successfully reduced 91.5 million tons of CO2e. This exceeded the set target of 91 million tons of CO2e.

Vice President Ma’ruf Amin emphasized that Indonesia has been taking concrete steps to address the climate crisis through various strategic efforts, which include significantly reducing greenhouse gas emissions.

The government has put in place various policies to address the climate crisis, including expanding nature conservation and restoration, introducing carbon taxes, promoting the development of electric vehicles and launching the B40 biodiesel program.

Valina Zahra

Journalist

yan

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

A researcher has suggested the imposition of a transition period for the implementation of government-planned major reforms in the subsidized fertilizer distribution system.
The government has set an ambitious target to develop new and renewable energy (EBT) capacity of 103 Gigawatts in the next 15 years despite the realization of this target is hampered by the absence of regulations and supporting ecosystems.
Indonesia’s plan to increase the palm oil blend in biodiesel to 40 percent (B40) starting January 1, 2025 appears to be implemented gradually after industry players voiced the need for a transition period despite the government’s readiness for the policy rollout.
Eight residents of Rempang Island in Riau Islands Province were injured and dozens of motorized vehicles were damaged after dozens of people attacked local residents early Wednesday morning, December 18, 2024 over a land dispute in an investment project.
The Indonesian Steel industry needs to shift to low carbon technology in order to compete in global market, considering the iron and steel export value is higher than import and the European Union is determined to impose Carbon Border Adjustment Mechanism (CBAM), a research institution has suggested.
Coordinating Minister for the Economy, Airlangga Hartarto, has acknowledged that investment in Special Economic Zones (SEZs) in the tourism sector is still low due to minimum capital inflow as an impact of constraints on access to flight routes.