A tropical rainforest in Sumatra, Indonesia. The country’s new government aims to raise green funds through nature-based carbon credit revenues. (Photo: iStock)
Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.
However, experts argue that the government's ambition may be too great, as raising 1,000 trillion Indonesian rupiah (about 65 billion USD) in just four years seems nearly unattainable.
