Jakarta – The Environmental Fund Management Agency (BPDLH) manages a budget of nearly one billion US dollars to help achieve the government’s commitment to reduce carbon emissions, as submitted in the Nationally Determined Contribution (NDC) target. The budget comes from various funding sources such as the forestry reforestation fund, the Global Environmental Facility, the World Bank, and the Ford Foundation.
“Funds that have entered BPDLH amounted to USD 968.6 million or the equivalent of IDR 14 trillion to deal with climate change issues in Indonesia,” said the Coordinating Minister for Economic Affairs Airlangga Hartarto at the 2022 National Working Meeting on Environmental Fund Management which was held hybrid , late last December.
According to Hartarto, the management of activities from the budget will later help the government achieve its commitment to reducing carbon emissions by 31.89 percent with its own efforts by 2030. The government can also reduce emissions by up to 43.2 percent with international assistance. This is in line with Law Number 16 of 2016 and also the agreement on the NDC which was implemented in Paris in 2019.
The BPDLH will later serve as the financing motor for environmental protection and management. The funds obtained can be utilised by various parties including ministries/agencies. BPDLH itself has been formed by the government since 2018.
“Financing can be focused on sectors such as the forestry sector, energy, mineral resources, carbon trading, environmental services, waste or waste industry, transportation, agriculture, marine and fisheries,” explained Hartarto.
The BPDLH National Working Meeting will take place on 21-22 December 2022. There are three issues that are priority discussions in this National Working Meeting. The first is about the dissemination of global and national commitments in environmental protection and management, including climate change control and the role of local governments in supporting the achievement of these commitments. Second, the coordination mechanism and working relationship between the central government and regional governments in managing environmental funds.
Third, identify the potential for cooperation between the government and local governments in mobilising global and national funding. (Hartatik)
