Abstract
This study intends to estimate the financing gap that occurs in the efforts to meet the emission reduction target in the forestry sector. The estimated financing gap is classified into the unconditional target and conditional target. The unconditional target refers to the overall emission reduction target set by the Government of Indonesia using its own effort and the 41% conditional target refers to the target if Indonesia gets international support. The unconditional target is set on 26% emission reduction by 2020 and 29% by 2030 (preand post-2020) and the conditional target is set on 41% both by 2020 and 2030. The result reveals that the fund needed to finance emission reduction from the forestry sector reaches USD28.3 billion leading to a financing gap of USD17.86 to meet the unconditional target scenario.
| Original language | English |
|---|---|
| Title of host publication | Contemporary Issues on Business, Development and Islamic Economics in Indonesia |
| Publisher | Nova Science Publishers, Inc. |
| Pages | 127-141 |
| Number of pages | 15 |
| ISBN (Electronic) | 9781536168327 |
| ISBN (Print) | 9781536162783 |
| Publication status | Published - 1 Jan 2019 |
Keywords
- Climate change mitigation
- Financing gap
- Forestry and peatland
- Government budget
