Way Kambas National Park pilot for innovative climate financing
“National parks should not rely solely on the state budget, which is very limited, nor depend only on assistance that has been provided by international NGOs. A more sustainable financing system that empowers local communities is needed,” Antoni said here on Thursday.
He emphasized the importance of blended finance, a funding system that involves not only the state budget and support from international NGOs, but also the private sector with a strong commitment to conservation.
“With the issuance of the Ministerial Regulation No. 27 of 2025, voluntary carbon market projects in national parks are now made possible,” he said.
He explained that Way Kambas National Park was selected as the first pilot project to implement innovative climate financing mechanisms, such as biodiversity bonds, carbon credits through the international voluntary carbon market, and the strengthening of ecotourism targeting various visitor segments.
“This pilot project marks a shift in the approach to managing conservation areas, from a model fully reliant on the government and NGOs, to a blended financing involving the private sector and green capital markets, with the main goal of preserving forests and biodiversity in national parks,” he remarked.
The Way Kambas National Park is a crucial habitat for Sumatran elephants, Sumatran rhinos, and Sumatran tigers, all of which are classified as critically endangered by the IUCN.
Under the carbon scheme, companies aiming to offset their emissions can buy carbon credits produced from conservation and forest restoration activities in Way Kambas National Park. The proceeds will be reinvested to support park operations and ongoing ecosystem restoration efforts.
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Translator: Ruth, Kenzu