The Cooperatives Ministry and the Environment Ministry have signed a\ncooperation agreement to encourage the involvement of cooperatives in\nenvironmental management, including carbon trading.<\/p>\n
\u201cThe Environment Minister also encouraged us to get involved in the\ncarbon trading process, so that it can become a new business for\ncooperative activities in Indonesia,\u201d said Cooperatives Minister Ferry\nJuliantono at the Cooperatives Ministry office in Jakarta on\nThursday.<\/p>\n
According to Ferry, the recent inauguration of a crude palm oil (CPO)\nprocessing plant managed by the Koperasi Unit Desa (KUD) Sejahtera was\none of the considerations for getting cooperatives more deeply involved\nin the carbon business.<\/p>\n
\u201cYesterday we just inaugurated a CPO plant owned by a cooperative,\nand many cooperatives across the regions are involved in managing oil\npalm plantations. That was also one of the points raised by the\nEnvironment Minister,\u201d Ferry explained.<\/p>\n
Environment Minister Mohammad Jumhur Hidayat added that cooperatives\nare one of President Prabowo Subianto\u2019s priorities for supporting the\nrealisation of a people\u2019s economy.<\/p>\n
He explained that the collaboration with the Cooperatives Ministry is\none form of the Environment Ministry\u2019s participation in efforts to\nachieve that mission. In this context, the cooperation between the two\nparties prepares cooperative businesses to enter carbon trading.<\/p>\n
\u201cBecause high-integrity carbon trading can only happen if the\nproceeds from the sale of carbon units are truly felt by the local or\ngrassroots communities,\u201d he said.<\/p>\n
Meanwhile, businesses must be run by legal entities, a role that\ncooperatives can fill. \u201cSo, the instrument already exists. Therefore, we\ncomplement each other, educating at the grassroots level so that the\ncarbon trading process is no longer enjoyed only by elite groups,\nbecause the value could reach tens of trillions,\u201d said the Environment\nMinister.<\/p>\n
In general, this cooperation also includes literacy support from the\nEnvironment Ministry so that cooperative businesses have adequate\nknowledge about sustainable management and aspects that comply with\nenvironmental norms.<\/p>\n
Cooperatives are also encouraged to get involved in instruments that\ncan support the Environment Ministry\u2019s programmes, such as waste and\nrefuse management that can be carried out in a circular or modern\nmanner.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/cooperatives-ministry-and-environment-ministry-prepare-cooperatives-for-carbon-trading-1786625749", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }