Tag Archive

Results Based Payment

News • January 27, 2021

Land-Based GHG Emission Reduction Program Milestone in East Kalimantan

Indonesia has signed the Emission Reduction Payment Agreement (ERPA) with the World Bank on November 25, 2020 electronically. This payment agreement concurs on the potential incentives for Indonesia, particularly East Kalimantan Province, to receive up to US$ 110 million from the Carbon Fund for reducing 22 million tons of carbon emission in East Kalimantan between […]

News • August 27, 2020

INCREASED CONFIDENCE IN INDONESIA: Green Climate Fund Approves USD103.8 million REDD+ Results-Based Payment Proposal

Joint Press Release – Ministry of Environment and Forestry & Ministry of Finance of the Republic of Indonesia   Indonesia has recorded an approved funding worth USD103.8 million from the Green Climate Fund for the REDD+ (Reducing Emissions from Deforestation and Forest Degradation) Results-Based Payment (RBP) proposal. This achievement highlights Indonesia’s notable response towards the […]