Indonesia is expected to get international funds amounting up to US$3 billion dollars to address climate change.
“Through the Advisory Group on Financing, the finance minister and Goerge Soros reported Indonesia can get US$3 billion in 2012 including funds from Norway,” Rachmat Witoelar, the executive chairman of the Climate Change National Council (DNPI), said at Parliament Building, here, Tuesday.
The DNPI chief and Environmental Affairs Minister Gusti Muhammad Hatta attended a hearing with the Commission VII of the Parliament.
Indonesia was also expected to receive international funds worth US$1 billion, he said.
“The funding obligation will be soon realized, while the obligation to cut gas emission is still waiting for the decision of the Conference of Parties to the United Nations Framework Convention on Climate Change (COP UNFCCC),” Witoelar said.
At the hearing, Environmental Affairs Minister Hatta said the Mexico government, as the next host of the 16th COP to be held in Cancun, late this year, would strive for the implementation of the “fast start” as decided in the Copenhagen Accord.
The Indonesian government shared the government of Mexico`s intention to maintain two-track negotiations, namely through Ad Hoc Working Group on Kyoto Protocol (AWG KP) and Ad Hoc Working Group on Long Term Cooperation Action (AWG LCA).
“Currently, we are preparing in detail on Indonesia`s position to be presented in the Cancun Climate Change Summit,” he said.
In accordance with the decision of the Copenhagen Accord in the 15th COP in December 2009, it was agreed on the provision of climate finance also called fast-start finance.
The promised “fast-start” funding approaching USD 30 billion for 2010-2012 was a strong inducement for small, poor and vulnerable developing countries to accept the Accord.
