{"id":22517,"date":"2023-01-04T15:57:27","date_gmt":"2023-01-04T08:57:27","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=22517"},"modified":"2023-01-04T15:57:27","modified_gmt":"2023-01-04T08:57:27","slug":"ri-receives-emission-cut-payment-from-world-bank","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2023\/01\/04\/ri-receives-emission-cut-payment-from-world-bank\/","title":{"rendered":"RI Receives Emission Cut Payment From World Bank"},"content":{"rendered":"

Jakarta — Indonesia received an advance payment of US$20.9 million (Rp320 billion) under the Emissions Reduction Payment Agreement between the Government of Indonesia and the World Bank\u2019s Forest Carbon Partnership Facility (FCPF) for reducing emissions from deforestation and forest degradation (REDD+) in East Kalimantan province. Under the Agreement, Indonesia would receive up to US$110 million (Rp1.6 trillion) for verified emissions from reducing deforestation and forest degradation.<\/p>\n

\"\"<\/a><\/p>\n

Indonesia has become the first country in the East Asia Pacific region to receive payments through the World Bank\u2019s FCPF, which represents 13.5 percent of the value of the emissions reduction reported in the Government of Indonesia\u2019s Monitoring Report for the 2019-2020 crediting period. The full payment will be released once the independent third-party verification of the reported emissions reductions, which is currently ongoing, is complete.<\/p>\n

The advance payment will facilitate the start of the East Kalimantan program\u2019s Benefit Sharing Plan, which was developed by the Government of Indonesia and issued in October 2021. The Benefit Sharing Plan document was developed through a consultative, transparent, and participatory process to ensure that all relevant stakeholders of the program are able to access the benefits from the emissions reduction payments. The document outlines the agreed arrangements for how ERPA payments will be shared with beneficiaries, from national government, local government, to local communities.<\/p>\n

\u201cThis program is an opportunity for government, civil society, businesses and communities to take action collectively to protect Indonesia\u2019s forests, and is a recognition of Indonesia\u2019s success in reducing deforestation,\u201d<\/em> said Siti Nurbaya Bakar, Indonesia\u2019s Minister of Environment and Forestry in Jakarta in November 2022.<\/strong> \u00a0\u201cThis is only the beginning. Our efforts in managing forests sustainably will continue to meet our emissions reduction target under the Paris Agreement, help address the impacts of climate change, and set Indonesia on a path of green development.\u201d<\/em><\/p>\n

\u201cA number of policy changes have facilitated emissions reductions in the forestry sector, including improvements in governance and monitoring, restoration of critical ecosystems such as peatlands and mangroves, permanent ban on conversion of peatland and primary forest, programs to improve land tenure clarification, and promotion of rural livelihoods through the government\u2019s social forestry programs and partnerships around conservation areas,\u201d<\/em> continued Minister Bakar.<\/p>\n

\u201cIn East Kalimantan, our people are at the heart of sustainable land and forest management,\u201d <\/em>says Dr. Ir. Isran Noor, M.Si., East Kalimantan Governor<\/strong>. \u201cWe will work to ensure that everyone benefits, particularly local communities including indigenous people from the long-term outcomes of this program and payments \u2013 improved livelihoods, healthier forests and communities that are more resilient to the impacts of climate change. We also expect this program to attract other sources of financing, as we are committed to reducing emissions from deforestation and forest degradation in the long-term.\u201d\u00a0<\/em><\/p>\n

\u201cThis program will help build confidence in the international and national systems of performance-based payments \u2013 a critical tool to incentivize climate change mitigation,\u201d<\/em> says Satu Kahkonen, World Bank Country Director for Indonesia and Timor-Leste<\/strong>. \u201cWe applaud Indonesia\u2019s sustained reductions in deforestation rates over the past five years, and we hope to continue supporting the transition towards a green economy.\u201d<\/em><\/p>\n

About Indonesia\u2019s Emissions Reduction Payment Agreement (ERPA)<\/strong><\/p>\n

The ERPA is a legally binding contract to provide payments for environmental services, in other words, compensation for Indonesia’s efforts to preserve tropical forests and in so doing reduce the emission of greenhouse gases into the atmosphere. The payments are designed to help Indonesia and its stakeholders achieve long-term sustainability in financing forest conservation. They are intended to help reduce climate change impacts from forest loss and degradation by making forests more valuable standing than cut down, by offering countries results-based incentives for reducing emissions in their forestry and broader land-use sectors.<\/p>\n

About the Forest Carbon Partnership Facility (FCPF)<\/strong><\/p>\n

The World Bank\u2019s Forest Carbon Partnership Facility (FCPF) is a global partnership of governments, businesses, civil society, and Indigenous Peoples’ organizations focused on reducing emissions from deforestation and forest degradation, forest carbon stock conservation, the sustainable management of forests, and the enhancement of forest carbon stocks in developing countries, activities commonly referred to as REDD+. Launched in 2008, the FCPF has worked with 47 developing countries across Africa, Asia, and Latin America and the Caribbean, along with 17 donors that have made contributions and commitments totaling US$1.3 billion. (*)<\/p>\n

Source: worldbank.org<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Jakarta — Indonesia received an advance payment of US$20.9 million (Rp320 billion) under the Emissions Reduction Payment Agreement between the Government of Indonesia and the World Bank\u2019s Forest Carbon Partnership Facility (FCPF) for reducing emissions from deforestation and forest degradation (REDD+) in East Kalimantan province. Under the Agreement, Indonesia would receive up to US$110 million… RI Receives Emission Cut Payment From World Bank<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":22518,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-22517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\nRI Receives Emission Cut Payment From World Bank - 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They discussed several issues, which include deforestation. On the sidelines of the World Climate Action Summit (WCAS) COP28 in Dubai, the two heads of state also discussed environmental cooperation between\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/12\/RI_norwegia_jkw_viva.co_.id_.jpg?fit=796%2C474&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/12\/RI_norwegia_jkw_viva.co_.id_.jpg?fit=796%2C474&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/12\/RI_norwegia_jkw_viva.co_.id_.jpg?fit=796%2C474&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/12\/RI_norwegia_jkw_viva.co_.id_.jpg?fit=796%2C474&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":27082,"url":"https:\/\/gapki.id\/en\/news\/2023\/12\/14\/ri-receives-global-recognition-on-deforestation-efforts\/","url_meta":{"origin":22517,"position":1},"title":"RI Receives Global Recognition On Deforestation Efforts","author":"admin","date":"December 14, 2023","format":false,"excerpt":"Dubai - Indonesia has marked its presence at the 2023 United Nations Climate Change Conference, COP28, by entering into several groundbreaking agreements focused on emissions reduction. Notable collaborations include a grant from Norway, tropical rainforest partnerships with Democratic Republic of the Congo and Brazil, and a strategic alliance between Pertamina\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":27464,"url":"https:\/\/gapki.id\/en\/news\/2024\/02\/16\/ri-seeks-to-reach-ndc-target-through-carbon-trading\/","url_meta":{"origin":22517,"position":2},"title":"RI Seeks To Reach NDC Target Through Carbon Trading","author":"admin","date":"February 16, 2024","format":false,"excerpt":"JAKARTA - The Indonesian government continues to encourage the role of multi-stakeholders to achieve the Nationally Determined Contribution (NDC) target through implementing carbon economic value, according to the country's Environment and Forestry Minister Siti Nurbaya Bakar as reported by Antara news agency on Tuesday (23\/01\/2024). \"Several initial steps have been\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/asap_nst.com_.my_.jpg?fit=877%2C498&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/asap_nst.com_.my_.jpg?fit=877%2C498&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/asap_nst.com_.my_.jpg?fit=877%2C498&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/asap_nst.com_.my_.jpg?fit=877%2C498&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":27460,"url":"https:\/\/gapki.id\/en\/news\/2024\/02\/15\/ri-norway-start-process-of-4th-funding-of-deforestation-cut\/","url_meta":{"origin":22517,"position":3},"title":"RI, Norway Start Process of 4th Funding of Deforestation Cut","author":"admin","date":"February 15, 2024","format":false,"excerpt":"JAKARTA \u2013 Indonesia and Norway have started a performance-based funding for reduction of greenhouse emissions from cutting deforestation in Indonesia during the period of 2019-2020. \u201cWe\u2019ve just discussed about the beginning of the 4th result-based contribution or payment as a reward for Indonesia for its good performance in reducing deforestation,\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/indonesia_norwegia_sitinurbaya_rri.co_.id_.jpg?fit=731%2C439&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/indonesia_norwegia_sitinurbaya_rri.co_.id_.jpg?fit=731%2C439&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/indonesia_norwegia_sitinurbaya_rri.co_.id_.jpg?fit=731%2C439&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/indonesia_norwegia_sitinurbaya_rri.co_.id_.jpg?fit=731%2C439&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":20534,"url":"https:\/\/gapki.id\/en\/news\/2021\/08\/09\/ri-leading-in-cutting-deforestation-while-others-lagging\/","url_meta":{"origin":22517,"position":4},"title":"RI Leading In Cutting Deforestation, While Others Lagging","author":"admin","date":"August 9, 2021","format":false,"excerpt":"No doubt 2021 will be a pivotal year in global efforts to combat climate change. President Joe Biden had invited the 17 members of the major economies forum, including Indonesia, to a virtual summit on April 22-23 to urge much greater ambition as these critical countries prepare the emissions reductions\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/deforestation_globaltimes.cn_.jpg?fit=912%2C536&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/deforestation_globaltimes.cn_.jpg?fit=912%2C536&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/deforestation_globaltimes.cn_.jpg?fit=912%2C536&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/08\/deforestation_globaltimes.cn_.jpg?fit=912%2C536&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26380,"url":"https:\/\/gapki.id\/en\/news\/2023\/09\/04\/klhk-socializing-benefits-of-carbon-trading-in-ri\/","url_meta":{"origin":22517,"position":5},"title":"KLHK Socializing Benefits of Carbon Trading In RI","author":"admin","date":"September 4, 2023","format":false,"excerpt":"Pekanbaru \u2013 Indonesia is highly committed to pursuing efforts of reducing the greenhouse gas (GHG) emissions nationally and globally. The ministry of environment and forestry\u2019s (KLHK) Acting Director General of Sustainable Forest Management, Agus Justianto, said that such efforts are in line with the 1945 Constitution article 28H which stipulates\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/carbon_trading_menlhk_sawitku.id_.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/carbon_trading_menlhk_sawitku.id_.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/carbon_trading_menlhk_sawitku.id_.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/09\/carbon_trading_menlhk_sawitku.id_.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/oilpalm_upload.wikimedia.org_.png?fit=775%2C409&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/22517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=22517"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/22517\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/22518"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=22517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=22517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=22517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}