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Indonesia, US partner in reducing forestry carbon emissions

Indonesia and the US have committed to launching a new climate partnership early next year with funding of up to 50 million USD to help Indonesia achieve its forestry carbon sink goal by 2030.
Indonesia, US partner in reducing forestry carbon emissions ảnh 1Illustrative image (Photo: AFP)
Jakarta (VNA) - Indonesia and the US have committed to launching a newclimate partnership early next year with funding of up to 50 million USD tohelp Indonesia achieve its forestry carbon sink goal by 2030.

Last May, the IndonesianEnvironment and Forestry Ministry and the US Agency for InternationalDevelopment (USAID) signed a memorandum of understanding (MoU) to support thearchipelago nation’s Forestry and Other Land Use (FOLU) Net Sink 2030 programme.
    
The commitment to the new climate partnership follows upthe White House’s “Fact Sheet:Strengthening the US-Indonesia Strategic Partnership”, publishedon November 13, which was also announced at a bilateral meeting between IndonesianPresident Joko Widodo and his US counterpart Joe Biden on the sidelines of the G20 Leaders’ Summit in Bali.

The environmentministry of Indonesia and USAID are to propose detailed activities, subject tothe two countries’ legal and financial requirements, under the new climatepartnership’s framework agreement.

The new partnership alsoincludes support for conservation of orangutans in Sumatra and Kalimantan aswell as other “charismatic species” such as elephants, tigers and rhinoceros. It also aims to support the environment ministry’s priorities, includingthrough the Indonesian Environment Fund (BPDLH) and by strengtheningstakeholder collaboration, to build and maintain sustainable and equitablenatural resource management.
                   
Earlier, the ministry hadsigned several agreements with other countries, including Norway and the UK, inits bid to seek technical and financial support for Indonesia’s FOLU Net Sink2030./.
    
      
VNA
#new climate partnership#Vietnamplus#Vietnam News Agency#forestry carbon#Indonesian Environment and Forestry Ministry#US Agency for International Development
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