
The United Kingdom has expressed commitment US$7.27 million
(Rp127 billion) to help Indonesia reach its FOLU Net Sink 2030
target − an ambitious national goal to achieve net carbon
absorption in the forestry and land use sector.
The funding is being channeled through the Sustainable Landscape
Investment Partnership in Indonesia, known locally as Kemitraan
Investasi pada Bentang Alam Berkelanjutan (KIBAR).
The initiative is funded by the UK Foreign, Commonwealth &
Development Office (UK FCDO) via a grant scheme, and is being
implemented in collaboration with Indonesia’s Environmental Fund
Management Agency (Badan Pengelola Dana Lingkungan Hidup or
BPDLH) and the Global Green Growth Institute (GGGI).
Indonesian Minister of Forestry Raja Juli Antoni highlighted
that the project will focus on strengthening the Social Forestry
Program (Perhutanan Sosial), a key strategy for reducing
deforestation while improving the welfare of communities living
near forest areas.
“This partnership will promote sustainable forest management and
generate direct economic benefits for forest-dependent
communities,” Raja Juli said as quoted in a statement on
Wednesday, May 7, 2025.
He noted that the program aims to boost local economies by
increasing productivity, developing forest-based enterprises,
and reinforcing Social Forestry Business Groups (Kelompok Usaha
Perhutanan Sosial, or KUPS).
Joko Tri Haryanto, President Director of BPDLH, emphasized the
importance of blended finance mechanisms such as the Revolving
Fund Facility (Fasilitas Dana Bergulir, or FDB) for ensuring
sustainable forest sector financing.
“Nature-based financing holds great promise in addressing
climate finance challenges, especially for inclusive and
sustainable community-level enterprises,” Joko said.
British Ambassador to Indonesia Dominic Jermey reaffirmed the
UK’s support for Indonesia’s forest carbon roadmap, stressing
that social forestry is essential for achieving both climate
justice and community prosperity.
“We are proud to support the acceleration of sustainable
practices that protect Indonesia’s forests and promote green
economic growth,” Ambassador Jermey said.
The KIBAR initiative marks another step in strengthening
Indonesia-UK cooperation on climate action, aligning both
countries’ goals of environmental sustainability and equitable
development.
Source: indonesiabusinesspost.com