2022 State Budget and Fiscal Incentives Presentation slide image

2022 State Budget and Fiscal Incentives Presentation

The Need of Climate Change Funding Indonesia's commitments are derived into each sector's agenda. The commitments have significant financial consequences Reference Second Biennial Update Report, KLHK (2018) Roadmap NDC Mitigation Indonesia, KLHK (2020) Cost Estimation of Climate Change Mitigation Scope The cost of mitigating climate change to achieve NDC Cost of climate change mitigation to achieve NDC (using mitigation action cost approach) Cost/Impact Estimation Accumulated mitigation cost reaches IDR3.461 trillion until 2030 Accumulated mitigation cost in 2020-2030 reaches IDR3.779 trillion (IDR343,6 trillion per year) The Need of Climate Change Mitigation Funding, by Sector NDC Mitigation Roadmap (Rp trillion) Sectors Second BUR (Rp trillion) Forestry Energy and Transportation 77,82 3.307,20 93,28 3.500,00 IPPU 40,77 0,92 Waste 30,34 181,40 Agriculture 5,18 4,04 Total 3.461,31 3.779,63 Source: Second Biennial Update Report (2018) & Roadmap NDC Mitigasi (2020) Source: Ministry of Finance Policies are required to ensure that financing requirements are met. 103
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