Indonesia pitches biodiversity funding at COP17

Indonesia at COP17 biodiversity talks

Indonesia showcased fiscal incentive reforms, green financing innovations, and science-driven conservation strategies at the seventeenth Conference of the Parties to the Convention on Biological Diversity in Armenia.

Target 18 and fiscal policy

Deputy for Pollution and Environmental Damage Control Noer Adi Wardojo said Target 18 of the Kunming-Montreal Global Biodiversity Framework is not just environmental commitment but integral to sound fiscal policy and sustainable development.

“Target 18 is not just an environmental commitment for Indonesia, but also an integral part of sound fiscal policy and sustainable long-term development planning.”

Three pillars of Indonesia's strategy

Indonesia's approach rests on mapping forty-three positive incentive instruments across sectoral ministries, optimizing Ecological Fiscal Transfers for regional governments, and implementing biodiversity budget tagging starting in two thousand twenty-four.

Scientific collaboration and ecosystem protection

Indonesia is expanding scientific collaboration with the International Union for Conservation of Nature to detect early ecosystem degradation and is finalizing comprehensive protection regulations for karst ecosystems and freshwater lakes.

Indonesia's conservation benchmark

Noer Adi concluded that Indonesia continues to strengthen its national regulatory framework, positioning the country's multi-layered conservation strategy as a benchmark for emerging economies balancing high biodiversity with developmental growth.

“Indonesia continues to strengthen its national regulatory framework.”