Enviro News Asia, Jakarta — CIFOR-ICRAF facilitated a high-level knowledge exchange between Indonesia and Viet Nam to strengthen cooperation on climate and environmental finance, bringing together a delegation from Viet Nam’s Ministry of Agriculture and Environment (MAE) and Da Nang City authorities with Indonesia’s Environmental Fund Management Agency (BPDLH) under the Ministry of Finance.
The meeting highlighted Indonesia’s experience in managing climate and environmental finance, with BPDLH presenting its institutional model, governance framework, and programmatic approaches. Discussions focused on REDD+ financing mechanisms, benefit-sharing arrangements, community forestry, peatland restoration, and engagement with subnational governments and local communities in forest carbon initiatives.
Participants also exchanged perspectives on national climate finance strategies and carbon market readiness, offering practical insights and lessons learned relevant to Viet Nam’s efforts to strengthen its environmental finance architecture and prepare for participation in international carbon markets.
CIFOR-ICRAF emphasized its ongoing support to Viet Nam in advancing climate-smart forestry, agroforestry, and mangrove-based carbon initiatives. The organization promotes science-based decision-making and inclusive, gender-responsive policies to ensure responsible private sector investment while supporting sustainable forest management, ecosystem restoration, and resilient forest-based livelihoods.
The initiative is implemented in partnership with WWF Viet Nam, CARE Viet Nam, CARE Canada, and experts from the University of British Columbia and Flinders University. Financial support is provided by the UBS Optimus Foundation, particularly for blue carbon initiatives, and by Global Affairs Canada through the CARE-led Carbon for Goods consortium, delivering climate and socio-economic benefits for Indigenous Peoples and Local Communities, especially women. (*)
