Ministry of Forestry and Emergent Explore Climate and Forestry Funding Cooperation
The Indonesian Ministry of Forestry (Kemenhut) and Emergent Forest Finance Accelerator, Inc. are exploring cooperation opportunities to support emissions reduction efforts in Indonesia’s forestry sector, particularly through the Jurisdictional REDD+ (JREDD+) funding approach. Forestry Minister Raja Juli Antoni stated that this cooperation is part of Indonesia’s efforts to broaden access to international climate finance to support the achievement of national climate targets whilst strengthening sustainable forest management and improving community welfare. “We welcome the cooperation with Emergent as an opportunity to explore various international climate finance mechanisms that can support the implementation of Jurisdictional REDD+ in Indonesia,” said Minister Raja Juli Antoni in a statement received in Jakarta on Friday. The understanding signed on the sidelines of London Climate Action Week 2026 reflects the commitment of both parties to continue constructive discussions on various opportunities and support for mobilising climate finance for the protection and sustainable management of forests in Indonesia. The discussions include the potential utilisation of verified emissions reduction results through the Forest Carbon Partnership Facility (FCPF) as well as results-based payments and other climate finance schemes through various high-integrity international standards and mechanisms. The Minister assessed that Indonesia has a strong track record in forest protection and restoration. Through the World Bank-supported FCPF programme, Indonesia has successfully generated verified emissions reductions and secured climate finance amounting to 110 million US dollars. This experience, he continued, serves as an important foundation for Indonesia to explore new opportunities in carbon markets and high-integrity results-based payment schemes. Furthermore, Minister Raja Juli Antoni affirmed that Indonesia continues to strengthen the foundation of national carbon governance through various policies and regulatory reforms. The government is building a credible, transparent, and accountable carbon market infrastructure to increase investor confidence and ensure that environmental and social benefits are tangibly felt by the community. “Indonesia is committed to delivering measurable and verified emissions reductions, whilst generating benefits for biodiversity and communities living around forest areas through sustainable forest management,” he said. Meanwhile, President and CEO of Emergent, Eron Bloomgarden, expressed his appreciation for Indonesia’s leadership in tropical forest protection and climate change mitigation efforts. “With one of the largest tropical forest areas in the world, Indonesia’s efforts in developing Jurisdictional REDD+ provide an important opportunity to reduce emissions on a large scale whilst protecting biodiversity and supporting forest-dependent communities,” said Bloomgarden.