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Indonesia's President-elect Prabowo Subianto plans to create a $65B green economy fund by 2028 through carbon credit sales, aiming for net carbon neutrality by 2060.
Indonesia's President-elect Prabowo Subianto aims to establish a $65 billion green economy fund by 2028 through the sale of carbon emission credits from projects like rainforest preservation and reforestation.
A new regulatory body will oversee these efforts to meet Indonesia's Paris Agreement emissions targets.
The fund seeks to help Indonesia, a major emitter, achieve net carbon neutrality by 2060, but faces challenges in global carbon markets.
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El presidente electo de Indonesia, Prabowo Subianto, planea crear un fondo de economía verde de $65B para 2028 a través de ventas de crédito de carbono, con el objetivo de neutralidad neta de carbono para 2060.