At a press conference here on Wednesday, BRGM's Secretary Ayu Dewi Utari remarked that funding worth Rp26 trillion was required for the rehabilitation of six hundred thousand hectares of mangroves.
This funding cannot be amassed through the state budget and regional budget alone, she explained.
Hence, the government strives to secure funding for mangrove rehabilitation through donations, loans, as well as investment for environmental service utilization.
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Indonesia had proposed the provision of donation fund, worth US$15 million, or Rp223 billion, for the finance mangrove rehabilitation program in 2022 to the World Bank.
The agency is still working on investment. Currently, the mangrove management business license for environmental service is being formulated by the Ministry of Environment and Forestry, she noted.
In addition, there is the funding scheme from the river flow area rehabilitation mandate for leasehold of forest area license (IPPKH) holders, the regulation for which is prepared by the ministry.
Mangrove rehabilitation can also be conducted through the companies' social responsibility fund as well as aid from philanthropic organizations that participate in the effort to rehabilitate mangroves.
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Utari also noted that the finance minister had approved additional spending budget allocation of Rp73 billion for mangrove planting and rehabilitation in 3,548 hectares in nine targeted provinces in 2022.
These provinces comprise North Sumatra, Bangka Belitung, Riau Islands, Riau, West Kalimantan, East Kalimantan, North Kalimantan, Papua, and West Papua.
Planting will be conducted from October to November and necessitates special treatment, including the preparation of several tools, such as breakwater, to ensure the success of rehabilitation.
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Translator: Prisca T V, Fadhli Ruhman
Editor: Fardah Assegaf
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