The forestry sector contributes to reducing 497 million tons of CO2 to achieve the 29-percent target or 692 million tons for the 41-percent targetJakarta (ANTARA) - The forestry sector became the biggest contributor in reducing carbon dioxide (CO2) to achieve the Nationally Determined Contribution (NDC) target, Minister of Finance Sri Mulyani stated here on Friday.
Indonesia, under the Paris Agreement through the NDC, is committed to reducing CO2 by up to 29 percent through its own efforts and 41 percent through international support.
"The forestry sector contributes to reducing 497 million tons of CO2 to achieve the 29-percent target or 692 million tons for the 41-percent target," the minister noted during an event held by the University of Indonesia.
In addition, the energy and transportation sectors provided the biggest contribution in carbon emission reduction, with 314 million tons for the 29-percent target and 441 million tons for the 41-percent target.
The waste sector's contribution reached 11 million tons for the 29-percent target and 26 million tons for the 41-percent target.
Meanwhile, the agriculture sector's contribution reached nine million tons or four million tons, while the energy, industry and product utilization (IPPU) sector's contribution reached Rp2.75 million or Rp3.25 million.
In addition to being the biggest contributor, the reduction of C02 in the forestry sector also bears little cost, which is Rp77.82 trillion, to reach the NDC target of 29 percent, or Rp93.28 trillion, to reach the 41-percent target.
Meanwhile, reducing CO2 in the energy and transportation sectors requires a lot of money, reaching Rp3,307.2 trillion, to achieve the emission target of 29 percent, or Rp3,500 trillion for the 41-percent target.
"This became a challenge because a nation that seeks to develop and advance itself has to bear the rising energy and transportation demand," the minister remarked.
Hence, Mulyani deemed that the state budget alone cannot cover the cost to reduce CO2 since it had to work hard for the last two years to deal with the pandemic.
To this end, the participation of all parties is deemed necessary to collectively handle climate change in Indonesia, she noted.
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Translator: Agatha Olivia V, Fadhli Ruhman
Editor: Sri Haryati
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