Indonesia and Norway have launched talks on the fifth phase of their results-based carbon emission reduction initiative, known as RBC-5. Indonesia’s forestry minister Raja Juli Antoni said the talks began on 12 February in Jakarta, ANTARA reports.
Antoni said Indonesia is working to improve data verification and raise standards through ART-TREES. ART-TREES is a standard for measuring and verifying emission reductions from REDD+ activities.
REDD+ is a UN-backed framework that aims to cut emissions from deforestation and forest degradation. Antoni said financing linked to ART-TREES could support Indonesia’s 2030 Forestry and Other Land Use Net Sink target.
Antoni said the government has registered 10 provinces under the ART-TREES scheme. Norway’s international development minister Åsmund Aukrust said the two countries have a long cooperation on reforestation and emission reduction.
Indonesia has received several payments under earlier phases of the partnership. It received 56$ million under RBC-1, 100$ million combined under RBC-2 and RBC-3, and 60$ million under RBC-4, according to the ministers’ remarks.
