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Investor Presentaiton

OPERSEMAIAN RUMPIN President Joko Widodo inaugurates the Rumpin Nursery, attended by several Ambassadors based in Indonesia and the World Bank Country Director. This permanent nursery has annual production capacity of 12 million seedlings for regreening and rehabilitation of degraded land programs which will absorb GHG emissions. (Rumpin, Bogor District, West Java, 10 June 2022) 16 2.2 Indonesia's FOLU Net Sink 2030 within the Long-Term Strategy for Low Carbon and Climate Resilience Apart from the Enhanced NDC, Indonesia also submitted a document of the Long-Term Strategy for Low Carbon and Climate Resilience (LTS- LCCR) 2050, which contains a vision to increase the on-going ambition of national climate actions. The document states that Indonesia's GHG emissions is predicted to peak in 2030, which is 1,244 Mt, and then decrease to 540Mt CO₂e in 2050. Furthermore, it is projected that in 2060 Indonesia will be able to achieve Net Zero Emission, a condition where greenhouse gas emissions produced and greenhouse gas emissions absorbed are equal, even more, the absorption can exceed the emission production. The target will be achieved through a set of technological development-relevant activities in various sectors which are energy, waste, industrial processes and product use (IPPU), agriculture, forestry, and/or other relevant sectors. Of these sectors' total emission reduction target, almost 60 percent will rely on the forestry and land use sector (FOLU). Therefore, Indonesia's FOLU Net Sink 2030 was stipulated, a commitment built to make the FOLU sector reach a net sink condition by 2030. According to Indonesia's FOLU Net Sink 2030, FOLU sector is targeted to reach emission levels of up to minus 140 Mt CO₂e. The target continues to be increased to negative emission of 304 Mt CO₂e by 2050, a substantively great contribution to global climate change mitigation. The Permanent Nursery of Rumpin is established under public-private partnership (KPBU) scheme involving the Ministry of Environment and Forestry, the Ministry of Public Works and Public Housing, and APRIL. This scheme becomes a model of collaboration in promoting reforestation and rehabilitation of degraded land, which will absorb GHG emissions. (Rumpin, Bogor District, West Java, 10 June 2022) 17
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