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Indonesia, US to launch $50 million partnership toward 2030 carbon sink goal
The environment ministry and USAID are committed to launching a new climate partnership in early 2023, with funding of up to US$50 million, to help Indonesia's forestry sector achieve its 2030 carbon sink target.
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Smoke rises from vegetation as land is cleared by burning for a new palm oil plantation in the Rawa Singkil wildlife reserve, part of the Leuser Ecosystem in Trumon, South Aceh, as seen in this aerial photo taken on March 3, 2018. (AFP/Januar)
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ndonesia and the United States have committed to launching a new climate partnership early next year with funding of up to US$50 million to help Indonesia achieve its forestry carbon sink goal by 2030.
In May, the Environment and Forestry Ministry and the US Agency for International Development (USAID) signed a memorandum of understanding (MoU) to support Indonesia’s Forestry and Other Land Use (FOLU) Net Sink 2030 program.
The commitment to the new climate partnership follows up of the White House’s Fact Sheet: Strengthening the US-Indonesia Strategic Partnership published on Nov. 13, which was also announced at the bilateral meeting between President Joko “Jokowi” Widodo and President Joe Biden on the sidelines of the Group of Twenty (G20) Leaders’ Summit in Bali.
Environment and Forestry Minister Siti Nurbaya Bakar said she appreciated that the upcoming Indonesia-US partnership would scale up the two countries’ prior agreement on the FOLU Net Sink 2030.
“We can demonstrate that our partnership is not merely a pledge, but is being translated into climate actions,” Siti said in a statement published on the ministry’s website on Friday.
USAID said it would coordinate with Jakarta at all levels from the regional to the central, as well as with international stakeholders, to support Indonesia’s climate goals.
The environment ministry and USAID are to propose detailed activities, subject to the two countries’ legal and financial requirements, under the new climate partnership’s framework agreement.
