Responding to the Carbon Trading Issue, Senator Filep Expressed the Urgency of Regulatory Certainty for the Regions – 2024-05-10 21:14:07

by times news cr

2024-05-10 21:14:07

Senator or member of DPD RI from West Papua Province Dr. Filep Wamafma after submitting a report to the Chair of the DPD RI, Lanyalla Matalitti, in the DPD RI Plenary Session room, Nusantara V Building, Parliament Complex, Senayan, Jakarta, some time ago. Photo: Public Relations of DPD RI

jpnn.comJAKARTA – The issue of carbon trading has been increasingly discussed lately.

The reason is, Indonesia has a high opportunity to take advantage of this carbon trading with the large amount of forest it owns.

Based on research, data from the Coordinating Ministry for Maritime Affairs and Investment shows that Indonesia has 125.9 million hectares of tropical rainforest which is capable of absorbing 25.18 billion tonnes of carbon emissions.

Then mangrove forests reach 3.31 million hectares which are capable of absorbing carbon emissions of around 33 billion carbon.

Indonesia also has peatlands with an area of ​​7.5 million hectares which are capable of absorbing around 55 billion tons of carbon emissions.

The total carbon emissions that Indonesia can absorb are approximately 113.18 gigatons and if the Indonesian government can sell carbon credits at a price of USD 5 on the carbon market, Indonesia’s potential income will reach USD 565.9 billion or the equivalent of IDR 8,000 trillion.

Regarding this matter, West Papua Senator Dr. Filep Wamafma said that carbon trading opportunities should be followed by appropriate regulations, especially regarding regional authority.

For example, West Papua Province alone, when it was still combined with Southwest Papua, with an area of ​​around 9,730,550 Ha, had a forest area of ​​8,810,248 Ha (89.88 percent) and non-forest area of ​​991,890 Ha (10.20 percent), while swamp forest covered an area of ​​746,924 ha (7.62 percent).

Senator or member of DPD RI from West Papua Province Dr. Filep Wamafma responded to the issue of carbon trading which has recently become increasingly discussed.

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