Net Zero Support Program

“Code red for humanity”, Antonio Guterrez, Secretary General of the United Nations (UN) was quoted as saying, on the recently released Science Base part of the Sixth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC). The report highlights the fact that the window to act to combat the climate crisis is rapidly closing. The Paris Agreement commits the world to keep global heating well below 2 degrees Celsius (°C) above that in the pre-industrial era, and put serious effort to keep it not to exceed 1.5 °C. Today, the globe has reached about 1.2 °C hotter than the beginning of the industrial revolution.

28 Jan 2022
Inclusive and Innovative Financing in Jurisdiction

Landscape Indonesia, The Forest Alliance and its collaborators on Jurisdiction Collective Action Forum promoting investing in jurisdiction Approach. The Jurisdiction Collective Action Forum (JCAF) held its third dialogue on October 15th, 2021, focusing on “Financing Jurisdiction Approach Toward Green Prosperity” and diving into regulatory frameworks, principles, standards, and guidelines to mobilize investments for jurisdictional-scale performance from the perspectives of the Indonesian government, non-state actors, donors, and investors. Jurisdiction Approach promotes partnership low carbon development and strengthens development through inclusive, innovative sustainable financing for deforestation-free and highly productive agriculture commodities. The experiences of JA in East Kalimantan and Bio-Carbon Fund-ISLF in Jambi, supported by the UK Government and the World Bank, demonstrated that a blended finance scheme is essential to attract sustainable financing to the jurisdictions. Equally critical is the support from governments, especially regarding regulation implementation and enforcement. Forclime shared lessons learned from JA initiatives in West Kalimantan and Central Sulawesi and highlighted the need to lay out a successful benchmark. Further, the Seruyan experience provided some practical steps to implement a jurisdictional approach, such as training, funding, legal documents, shared resources and inclusivity. In conclusion, this approach provides an inspiring vision and a potential entry point for sustainable financing prospects while paving the way toward green prosperity.