KKP and AZEI Explore Innovative Financing for Blue Carbon Projects
Yogyakarta (ANTARA) — The Ministry of Marine Affairs and Fisheries (KKP) and the Indonesian Zero Emissions Association (AZEI) are exploring the development of innovative financing for blue carbon projects as part of efforts to strengthen low-emission marine management and protect coastal ecosystems.
The cooperation is one of six areas covered by an agreement signed by KKP’s Directorate General of Marine Management and AZEI on 5 October 2026.
KKP Director General of Marine Management Koswara said the partnership was expected to advance low-emission marine programmes through cross-sector collaboration. He made the remarks in a KKP press release received in Yogyakarta on Tuesday.
He said AZEI had expertise and a cross-sector platform capable of bringing together leadership, technology networks, financing and investment.
“We hope this partnership will ensure that low-emission marine ideas do not remain at the conceptual stage, but are turned into concrete programmes that deliver benefits on the ground,” Koswara said.
In addition to innovative blue carbon financing, the agreement covers the development of low-emission mobility and infrastructure models, strengthening blue carbon management systems, waste management and the development of a sustainable salt-producing ecosystem.
The cooperation also includes the publication and dissemination of information in coastal areas and small islands.
KKP said collaboration with various parties was needed to strengthen implementation of the blue economy, including support for the target of expanding marine conservation areas to 30 per cent of Indonesia’s waters—about 97.5 million hectares—by 2045.
The development of blue carbon is one focus of the cooperation, alongside efforts to strengthen protection for coastal ecosystems, which play a role in absorbing and storing carbon.
KKP hopes the agreement will soon be followed by measurable and sustainable programmes that improve the quality of marine ecosystems while also enhancing the welfare of coastal communities.