Under the partnership, Indonesia will aim to cap its emissions from the power sector by 2030, faster than the initial target of 2037, and to generate 34% of its electricity from renewable sources by 2030.
In the past, the system was designed only to ensure that all timbers produced in Indonesia were from legal sources, not from illegal deforestation.
In the deal, the Nordic country will pay Indonesia, home to the world’s third-largest tropical forests, to keep its forests standing, thereby reducing its emissions.
Indonesia is hoping to reduce its carbon footprint by 29% by 2030. One way they plan to do so is to help put two million electric motorcycles on the road by 2025 through a new subsidy program.
Each of the 1,721 participating fishers will receive the equivalent of $10 a week for collecting up to 9 lbs of plastic waste from the sea daily.
The 10,900-acre concession was revoked had been the subject of protests and a lawsuit by Penan, Berawan and Tering Indigenous communities who said it threatened their livelihoods.
Local activists have hailed the revocation of the permit as a victory in a decades-long campaign against the mine.
The move is part of the country’s contribution to the global “30 by 30” conservation goal, which aims to protect 30% of the world’s seas and lands by 2030.
Prime Minister Lee Hsien Loong has announced the repeal of the colonial-era Section 377A of the penal code, under which sex between men is punishable by up to two years in prison.
Two planned coal-fired power plants, one in Indonesia and the other in Bangladesh, have had their funding withdrawn by the Japanese government, as part of Tokyo’s decision to no longer bankroll coal projects in either country.
