CIFOR-ICRAF at UNFCCC COP27
CIFOR-ICRAF at UNFCCC COP27
Trees and forests: An investment in climate resilience
06 – 18 November 2022, Sharm el Sheikh, EgyptPursuing Indonesia’s FoLU Net Sink target by 2030, how can businesses and farmers contribute and benefit
Indonesia’s first NDC was submitted to the UNFCCC in 2016. In 2021, the country updated this pledge to reduce greenhouse gas emissions by 29 percent (unconditional) and by 41 percent (conditional on international support) by 2030. In the adjusted NDC, Indonesia is targeting to reach a net carbon sink in the forestry and land use (AFOLU) sector by 2030.
Furthermore, Indonesia has determined that the agriculture, forestry and other land use (AFOLU) sector can significantly contribute to the 41 percent of carbon emission reduction target, with international support (Source: Updated Indonesian NDC, corrected version 2021).
The Indonesian President is a signatory to the Glasgow’s Leaders’ Declaration on Forests and Land Use. One of the commitments is to strengthen shared efforts to reduce vulnerability, build resilience and enhance rural livelihoods, including through empowering communities, the developing of profitable, sustainable agriculture, and recognition of the multiple values of forests, while recognizing the rights of local communities, by relevant national legislation and international instruments, as appropriate.
This event will examine how the private sector, specifically the agriculture sector contributes to help Indonesia achieve its target of FOLU becoming a net carbon sink by 2030? It will also look at kind of partnerships and collaborations in Indonesia are needed to maximize business opportunities, protect forests, and realize social benefits?