"The FoLU net sink will aid in maintaining earth's temperature to rise no more than 1.5 degrees Celsius," Nurbaya noted during the Climate Leaders Message event monitored virtually from Jakarta, Thursday.
In accordance with the document of Long Term Strategy for Low Carbon and Climate Resilience (LTS-LCCR) 2050, Indonesia will increase its ambition on GHG reduction, with plans to peak GHG emissions, with net sink in the FoLU sector by 2030.
The FoLU sector is one of the largest emitters in Indonesia, along with energy, waste, industry and agriculture.
Siti explained that THE Indonesia FoLU Net Sink 2030 is an implementation, mitigation, and climate adaptation agenda designed to relate to forests and land, including forestry activities and community participation in customary forests and mangroves.
To achieve this target, the work system in the living environment is being continuously improved. This was done in order to achieve the emission reduction target of 29 percent through their own efforts and 41 percent through international assistance in accordance with the emission reduction target in the Nationally Determined Contribution (NDC) document.
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"For the past six to seven years, we have worked hard with all elements, and the government only facilitates. The hard work of the community, the business world, scientists, activists, the media. All of them can reduce 1.08 gigatons of carbon," the minister noted.
The Energy and Mineral Resources (ESDM) Ministry earlier initiated the cap and trade carbon system within the electric subsector to lower greenhouse gas emissions arising from electric steam power plants.
"This move aims to support the target to reduce carbon or greenhouse gas emissions within the energy sector by 314-398 million tons in 2030," Director General of Electricity from the Ministry Rida Mulyana noted.
The carbon trial will apply the cap, trade, and offset principle, wherein a limitation is imposed on carbon emissions produced by each coal-fired power plant, he remarked.
Entities that emit more than the established cap are obligated to purchase an emission permit from entities that emit below the cap or purchase an emission reduction certificate, he expounded.
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Translator: Prisca T, Azis Kurmala
Editor: Rahmad Nasution
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