B6 – Harmonizing the Power of Nature and Tech: Forest Management Meets BECCS in Climate Action

About

A. Background

Since signing the Paris Agreement in 2015 (COP21), Indonesia has begun to prepare a Nationally Determined Contribution (NDC) document as an official statement for its emission reduction commitments. Indonesia’s first NDC was submitted to the UNFCCC in 2016. In COP26 in Glasgow in 2021, Indonesia strengthened its commitment to reduce its greenhouse gas (GHG) emissions by updating its NDC pledge to reduce GHG emission by 29 percent (unconditional) and by 41 percent (conditional on international support) by 2030. In the updated NDC, Indonesia is targeting to reach a net carbon sink in the forestry and land use (FOLU) sector by 2030. 

Furthermore, Indonesia has determined that the FOLU 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 one of signatories of 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 Indigenous Peoples, as well as local communities, by relevant national legislation and international instruments, as appropriate. 

Purpose, Topic: 

  • Importance of Sustainable Forest Management to achieve the Net Zero Emission target in 2060.
  • Introduction of PT. MHP’s contribution and further innovative effort for Sustainable Forest Management, as well as a project of emerging green technology: Bio Energy Carbon Capture and Storage (BECCS) towards the achievement of Carbon Negative.

B. Audience:

Indonesian delegation members Donor countries/ Government officials of destination markets Buyers (B2B consumers) Financial sector

C. Output:

  • To identify specific opportunities for actors in forestry sector to be immediately implemented.
  • To identify specific initiatives whether public or private, in which the international and national actors can participate, contribute and help to scale.

D. Type of Session:

Presentation by speakers and Discussion

Live Stream

Presentations

Speakers

Ristianto Pribadi

Director Of Forest Product Processing And Marketing, Directorate General Of Sustainable Forest Management

Endah Tri Kurniawaty

Director of Fund Collection and Development Topic: Financial Model supporting Green Transformation in Indonesia

Oki Muraza

Senior Vice President, Research & Technology Innovation.

Leonardus Herwindo

Chief Executive Officer Indika Nature

Shinji Kasai

President Director PT. MARUBENI INDONESIA

Moderator

Kazuki Hiraoka

Marketing Manager, Forest Products Department PT. MARUBENI INDONESIA