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Investor Presentaiton

OPPORTUNITIES AND CHALLENGES OF THEMATIC ISSUES OF TPL IN RIAU (2) Landscape-scale dynamics and jurisdictional approaches: The impacts and risks from fire have been a longstanding challenge across the country resulting in the need to coordinate and collaborate efforts across stakeholder groups and at multiple scales, from landscape to regional. Participatory land use planning for achieving zero deforestation and sustainable development can build on government planning regulations, but implementation then requires local legislative innovation and active enforcement by government officials. Companies, service providers, NGOs and local governments are now exploring this option in the Siak-Pelalawan landscape which fits well with the provincial government's recently announced Green Riau (Riau Hijau) initiative. ■ Nature-based climate solutions and the role of carbon markets: There are expressed concerns, however, over a gap between decision making and knowledge availability at the national level vs local levels, as well as methods used to calculate and validate carbon credits, benefit sharing with local communities and government, and poor regulations for carbon markets. Discussions around carbon markets, carbon rights, and carbon concessions often do not permeate local communities, and that there is a need for learning on applications at the local level. Carbon market and concession has also a potential to cause conflicts especially with customary people and communities who live and access to forest. This is because the communities can be driven out by companies that have been granted concession permits by the government in the name of protecting forests. Price regulation and carbon trading mechanisms are needed to provide incentives for stakeholders to achieve the NDC target and ensure that revenues from carbon trading are invested in sustainable emission reduction and livelihoo programs.
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