Indonesia has received US$ 103.65 million of funding allocated for programs related to biodiversity, climate change and land degradation from the multilateral environmental fund Global Environment Facility.
ndonesia has received US$103.65 million in funding allocated for programs related to biodiversity, climate change and land degradation from the multilateral environmental fund Global Environment Facility’s eighth replenishment cycle (GEF-8) for 2022-2026.
“I appreciate GEF for trusting Indonesia with the biggest allocation of STAR [System for Transparent Allocation of Resources] in the 8th cycle of GEF. I believe that this national dialogue is the correct step to ensure active participation of stakeholders in the early stages of the GEF-8 2022 - 2026 period,” Deputy Environment and Forestry Minister Alue Dohong said in a statement.
The disbursement was announced during the National Dialogue Indonesia (NDI) in Nusa Dua, Bali, on Monday, part of the Asia and Pacific Regional Workshop for GEF-8 on Jan. 10 to 12.
STAR is GEF’s performance-based framework that determines the number of resources a recipient country can access during a GEF replenishment period based on global environmental priorities and a country’s capacity, policies and practices relevant to the implementation of GEF projects and programs.
The GEF replenishment cycle is a four-year term that began with a pilot phase in 1991 and is now in its eighth cycle, in which 29 donor governments have pledged a total of $5.33 billion to GEF from 2022 to 2026, the highest replenishment on record.
Alue said that as host of the Group of 20 Summit last year that produced the G20 Bali Leaders’ Declaration, it was important for Indonesia to implement the declaration through national-level commitments, especially on environmental issues as the challenges from the COVID-19 pandemic such as food and energy crisis were not over.
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