VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

PHOTO : KLHK

Indonesia secured 103,8 million USD from Green Climate Fund (GCF) for REDD+ program for reducing emissions from deforestation and forest degradation activities. This achievement shows that Indonesia efforts to mitigate climate change have the responses from received global community. This moment could be a good start for Indonesia-GCF relations in the future. In the virtual joint press conference between the Ministry of Environmental Affairs and Forestry, Ministry of Finance, Thursday August 27, Minister Environmental Affairs and Forestry Siti Nurbaya said this GCF’s recognition is to acknowledge the Indonesian government commitment to lower the gas emission of deforestation and forest degradation.      

"Indonesia have recognition from the global community for the achievement to reducing the gas emission from deforestation and forest degradation activities. This recognition is approval of the Global Climate Fund (GCF) 103,8 million USD to fund the programme based on the result-based payment scheme from REDD+, namely the reducing gas emission from deforestation and forest degradation. This is testament to Indonesia commitment and achievement in controlling climate change" Minister Siti Nurbaya said. 

The proposal from the Ministry of Environmental Affairs and Forestry included the result from REDD+ programme 2014-2016 period with reducing about 20,3 million tonne carbon dioxide. Meanwhile Finance Minister Sri Mulyani Indrawati said that the ministry of finance designed many of funding schemes, to support the programme to reduce the gas emission from deforestation and forest degradation activities.

"The Finance Ministry developed the climate change budget since 2016. This is our tracking commitment from budget side. We do many funding innovation such as green sukuk based on syari’I for many projects based on environmental friendly programme in line with the commitment to the climate change. The first green sukuk in 2018 with 1,25 billion USD and 2019 with 150 million USD. We also have green sukuk retail since 2019 with 1,4 trillion rupiah. That means the international attention to finance the climate change activity related is very big" Minister Sri Mulyani said

Indonesia will use the fund to strengthen the coordination, implementation REDD+ programme//NK