Achieving emission reduction targets in Indonesia’s Nationally Determined Contributions requires massive financial resources. While a big part ¾ about 70 percent ¾ of the commitments are to be financed by own resources, the remaining needs to be financed through international cooperation, most likely through results-based climate financing (RBCF). Moreover, when coupled with NDC, carbon market may provide additional reduction for Indonesia. Meanwhile selling carbon ¾ coupled with NDC or beyond NDC ¾ could also bring in much needed investments into Indonesia while reducing emissions.
|Tanggal Terbit||:||10 September 2020|