2022 State Budget and Fiscal Incentives Presentation slide image

2022 State Budget and Fiscal Incentives Presentation

The Government's commitment to climate change mitigation has been formulated in the Nationally Determined Contribution (NDC) and Net Zero Emission (NZE) INDONESIA'S CLIMATE CHANGE AGENDA Paris Agreement and Nationally Determined Contribution (NDC) 2030 MITIGATION GHG Emission Reduction Target Per NDC Sector (MTon CO₂e) INDONESIA N EMISSION REDUCTIO N TARGET FORESTRY ENERGY & TRANSPORTATION WASTE AGGRICULTUR E IPPU 29% 497 314 11 9 3 Target: 29% national effort 41% 692 446 40 4 3.25 41% with international support Long-Term Strategy for Low Carbon and Climate Resilience 2060 Mandate from: Paris Agreement Article. 4.19 Dec. 1/CP.21 Para 35 Policy Strengthening and Implementation Capacity Climate Technology Finance Development and Building Transfer LCCP Scenario: • Peak emission 5 sector in 2030 = 540 Mton CO2e • Net-Sink FOLU in 2030 • Net Zero Emission in 2060 or sooner Carbon Trade Stated in: Carbon • First NDC (2016) Carbon Tax Pricing . • Updated NDC (2021) (initial rate: Rp30/Kg CO2e) Climate Resilience Social Economic Resilience 2 Resilience and 3 Ecosystem and Livelihood Landscape Resilience ADAPTATION Toward Net Zero Emission 2060 98
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