Investor Presentaiton

70 The Inauguration of Siti Nurbaya as Honorary Professor on Natural Resources Management Science of the Faculty of Agriculture, Brawijaya University. On her oration, Siti Nurbaya elaborates Indonesia's FOLU Net Sink 2030 agenda that offers novelty of the use of same indicator and measurement unit for all program activities in environment and forestry sectors namely CO₂e (carbon dioxide equivalent). (Malang, East Java, 25 June 2022) V. A LONG WAY TO REACH INDONESIA'S FOLU NET SINK Indonesia's FOLU Net Sink 2030 has propelled Indonesia to be a global leader in climate change actions. On the other hand, national development still enjoys enough space to flourish, undisturbed by the agenda. The FOLU Net Sink agenda which was constructed based on the Low Carbon Scenario Compatible with the Paris Agreement, introduces a new concept to mitigation actions in the FOLU sector, no longer about zero deforestation. The paradigm of zero deforestation is only campaigned and adopted by several countries that have been a in a net-zero population growth. The FOLU Net Sink also offers a novelty in environmental and forestry management. The novelty is in the form of a common standardized indicator applied for measuring performance of all activities in the environment and forestry sector, namely CO₂e level (carbon dioxide equivalent). In the past, the performance was measured using different indicators including hectares (ha), cubic meter, ton, or Indonesian rupiah (IDR). This novelty brings the designer of Indonesia's FOLU Net Sink 2030, Siti Nurbaya to be inaugurated as Honorary Professor in the Natural Resource Management at the Faculty of Agriculture, Brawijaya University, decided in the open assembly meeting of the University Academic Senate, Saturday, 25 June 2022. Creation of the FOLU Net Sink design went through a long journey that Siti Nurbaya had to pass. It started with her appointment as the Minister of Environment and Forestry in the 2014 Working Cabinet under the Joko Widodo administration. A challenging task, Siti Nurbaya had to synergize two landmark issues, green and brown, which were previously managed under two different ministries. The first female leader who led two merged ministries, Siti Nurbaya carried out an array of corrective actions, some of them were even revolutionary. For instance, enhancement of community- based forest management and recognition of Adat forests. Other actions include peatland and mangrove restoration as well as forest and land fires control. She also intensively conducted environment recovery and pollution prevention projects. The role of Indonesia's environment and forestry sector grows to become more strategic in the global world. Leading by example was demonstrated in various international dialogues and agreements aimed at creating a greener world and providing a better support for future generations. Siti Nurbaya was appointed for the second time as the Minister of Environment and Forestry because of her impressive corrective actions and achievements in synchronizing the environmental programs (brown issues) and forestry (green issues), which were fundamental for overall sustainable development. Tougher challenges plagued over the second period of her leadership along with the COVID-19 pandemic and stronger threat of climate change disasters. The challenges have been countered by a novelty that will become a legacy for the nation, in the form of Indonesia's FOLU Net Sink 2030. 71

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