Jakarta (ANTARA) - The cost of mitigating climate change to reach the Nationally Determined Contribution (NDC) target for the forestry sector is estimated at Rp77.82 trillion, Finance Minister Sri Mulyani Indrawati has informed.

The estimate is based on the Second Biennial Update Report (BUR) prepared by the Environment and Forestry Ministry in 2018.

"The cost for the forestry sector is small, but it will have the biggest contribution to CO2 reduction," Indrawati explained during the VII Indonesian Forestry Congress here on Tuesday.

The government ratified the Paris Agreement, which contains the NDC commitment, in 2016. Under the commitment, Indonesia will seek to reduce greenhouse gas emissions by 29 percent by 2030 through its own efforts.

The reduction of greenhouse gas emissions by 29 percent will be carried out in various sectors such as forestry, energy and transportation, Industrial Process and Product Use (IPPU), waste, and agriculture.

The funding estimate for the 2030 NDC target reduction can be divided based on three studies: Rp3,461.31 trillion as per the 2018 Second BUR, Rp3,779.63 trillion as per the 2020 Mitigation NDC Roadmap, and Rp4,002.44 trillion as per the 2021 Third BUR.

In detail, the estimate of Rp3,461.31 trillion based on the 2018 Second BUR comprises Rp77.82 trillion for the forestry and land sector, Rp3,307.2 trillion for energy and transportation, Rp40.77 trillion for IPPU, Rp30.34 trillion for waste, and Rp5.18 trillion for agriculture.

Meanwhile, the estimate of Rp3,779.63 trillion based on the 2020 Mitigation NDC Roadmap comprises Rp93.28 trillion for forestry and land, Rp3,500 trillion for energy and transportation, Rp0.92 trillion for IPPU, Rp181.4 trillion for waste, and Rp4.04 trillion for agriculture.

Last, the projection of Rp4,002.44 trillion based on the 2021 Third BUR comprises Rp309.01 trillion for forestry and land, Rp3,500 trillion for energy and transportation, Rp0.93 trillion for IPPU, Rp185.27 trillion for waste, and Rp7.23 trillion for agriculture.

According to Indrawati, the forestry sector will have the biggest contribution to greenhouse gas emission reduction of 497 MTon CO2e compared to other sectors.

The targeted emission reduction in other sectors is 314 MTon CO2e in energy and transportation, 11 MTon CO2e in waste, 9 MTon CO2e in agriculture, and 3 MTon CO2e in IPPU.

However, she stressed that this does not mean that people should only focus on forests and neglect energy because people need energy to live.







Translator: Astrid F H, Fadhli Ruhman
Editor: Rahmad Nasution
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