Enviro News Asia, London – The Indonesian government, through the Ministry of Forestry, and Emergent Forest Finance Accelerator, Inc. have signed a Memorandum of Understanding to explore cooperation opportunities supporting emission reduction efforts in Indonesia’s forestry sector, particularly through a Jurisdictional REDD+ (JREDD+) approach.
The MOU was signed at the Indonesian Embassy in London during London Climate Action Week 2026 by Emergent President and CEO Eron Bloomgarden and Ministry of Forestry Head of Public Relations and International Cooperation Bureau Ristianto Pribadi, and was witnessed by Minister of Forestry Raja Juli Antoni and Minister of Environment Mohammad Jumhur Hidayat.
The understanding reflects both parties’ commitment to continuing constructive discussions on cooperation opportunities that can support climate finance mobilization for forest protection and sustainable forest management in Indonesia, including potential utilization of verified emission reductions through the Forest Carbon Partnership Facility (FCPF), results-based payments, and other climate financing schemes through high-integrity international standards and mechanisms.
Minister of Forestry Raja Juli Antoni said the cooperation is part of Indonesia’s efforts to expand access to international climate finance in support of national climate targets while strengthening sustainable forest management and improving community welfare.
“This agreement reflects Indonesia’s sustained commitment to protecting and restoring forests as part of achieving national climate targets. We welcome cooperation with Emergent as an opportunity to explore various international climate financing mechanisms that can support the implementation of Indonesia’s Jurisdictional REDD+,” the Minister said.
Indonesia has a strong track record in forest protection and restoration. Through the World Bank-supported Forest Carbon Partnership Facility program, Indonesia has produced verified emission reductions and secured US$110 million in climate finance, providing an important foundation for exploring new opportunities in carbon markets and high-integrity results-based financing schemes.
The Minister also reaffirmed that Indonesia continues to strengthen its national carbon governance foundation through various policies and regulatory reforms, while building credible, transparent, and accountable carbon market infrastructure to boost investor confidence and ensure environmental and social benefits are genuinely felt by communities.
“Indonesia is committed to delivering measurable and verified emission reductions while generating benefits for biodiversity and communities living around forest areas through sustainable forest management,” he added.
Emergent CEO Eron Bloomgarden expressed appreciation for Indonesia’s leadership in tropical forest protection and climate change mitigation, noting that Indonesia’s work in developing Jurisdictional REDD+ provides an important opportunity to reduce emissions at scale while protecting biodiversity and supporting forest-dependent communities.
The MOU is non-exclusive and does not obligate either party to enter into specific transactions or sign an Emission Reduction Purchase Agreement. Any further cooperation will remain subject to Indonesian laws and regulations, government approval processes, national registration and authorization mechanisms, and future agreement between the parties.
The signing forms part of Indonesia’s efforts to strengthen international partnerships in support of Nationally Determined Contribution targets, accelerate green investment mobilization, and reinforce Indonesia’s position as a global leader in tropical forest management and nature-based climate action. (*)
