{
    "success": true,
    "data": {
        "id": 1677010,
        "msgid": "indonesias-carbon-market-offers-climate-opportunity-minister-1776163877",
        "date": "2026-04-14 16:46:26",
        "title": "Indonesia's carbon market offers climate opportunity: minister",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Environment",
        "summary": "Indonesia's Forestry Minister, Raja Juli, highlighted the nation's carbon market potential of 13.4 billion tons of CO\u2082 equivalent from 2024 to 2050, sourced from land restoration, production forests, social forestry, and customary forests. He outlined key goals including managing 48.7 million hectares of forest for emission reductions, restoring 3.5 million hectares of degraded land, and optimizing 1.3 million hectares of conservation areas. The established Forestry Sector Carbon Economic Value (NEK) framework enables carbon trading through GHG offsets, involving diverse participants like indigenous communities and private owners, positioning Indonesia to meet climate targets while fostering sustainable economic growth.",
        "content": "<p>\u201cWith proper management and collaboration, this carbon market\npotential can help Indonesia achieve its climate goals while supporting\nsustainable economic growth,\u201d he said during a working meeting with the\nHouse of Representatives (DPR) in Jakarta on Tuesday.<\/p>\n<p>He said Indonesia\u2019s carbon market potential is estimated at 13.4\nbillion tons of CO\u2082 equivalent for the 2024\u20132050 period.<\/p>\n<p>The potential comes from multiple sources, including land\nrestoration, production forests, social forestry, and customary\nforests.<\/p>\n<p>\u201cTo support greenhouse gas (GHG) emission offset targets in the\nforestry sector, several key goals must be achieved,\u201d he said.<\/p>\n<p>These include managing at least 48.7 million hectares of forest to\nreduce emissions and restoring at least 3.5 million hectares of degraded\nland to enhance carbon absorption.<\/p>\n<p>Related news: Way Kambas National Park pilot for innovative climate\nfinancing<\/p>\n<p>\u201cThird, optimizing conservation areas, including around 1.3 million\nhectares of open land,\u201d Raja Juli added.<\/p>\n<p>He said general principles governing the forestry sector\u2019s carbon\neconomic value (NEK) have been established.<\/p>\n<p>The NEK framework focuses on carbon trading through GHG emission\noffsets, with the forestry sector providing Forestry and Other Land Use\n(FOLU) carbon credits.<\/p>\n<p>Participants include permit holders, social forestry groups,\nindigenous communities, private forest owners, and environmental service\npermit holders in conservation areas.<\/p>\n<p>The scheme covers production and protected forests, conservation\nzones, customary forests, private forests, and other land-use areas.<\/p>\n<p>Raja Juli added that the Forestry Ministry is responsible for\napproving non-emission reduction certificate (Non-SPE) carbon trading\nand providing recommendations for SPE and Non-SPE mechanisms, including\ncorresponding adjustments.<\/p>\n<p>Related news: Indonesia, Japan to boost forestry and carbon trading\ncooperation<\/p>\n<p>Related news: Indonesia, Japan discuss mangrove management, carbon\ninvestment<\/p>\n<p>Translator: Arnidhya Nur Zhafira, Cindy Frishanti Octavia<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesias-carbon-market-offers-climate-opportunity-minister-1776163877",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}