Indonesia’s carbon credit export potential in the forestry sector has reached Rp2.6 trillion (US$172.6 million) per year, said Finance Minister Sri Mulyani Indrawati at the Sustainable Finance for Climate Transition Roundtable, a G20 side event held on July 14.
By managing the Indonesia’s 434,811 hectares of forest, the amount of excess carbon credit achieved could reach beyond the nationally determined contribution (NDC) target and possibly to achieve net-zero emissions by 2030, the minister said.
