Ecobiz.asia — Indonesia’s Ministry of Forestry and U.S.-based Emergent Forest Finance Accelerator Inc. have signed a memorandum of understanding (MoU) to explore climate finance opportunities that could support emissions reductions from Indonesia’s forestry sector, particularly through a Jurisdictional REDD+ (JREDD+) approach.
The MoU was signed at the Indonesian Embassy in London on Thursday (June 25, 2026) during London Climate Action Week 2026 by Emergent President and Chief Executive Officer Eron Bloomgarden and Ristianto Pribadi, Head of the Bureau of Public Relations and International Cooperation at Indonesia’s Ministry of Forestry. The signing was witnessed by Forestry Minister Raja Juli Antoni and Environment Minister Mohammad Jumhur Hidayat.
Under the non-exclusive agreement, the two parties will explore opportunities to mobilize international climate finance for sustainable forest management and forest protection in Indonesia. Discussions will cover the potential use of verified emissions reductions generated under the World Bank-supported Forest Carbon Partnership Facility (FCPF), results-based payment mechanisms, and other high-integrity climate finance instruments.
The MoU does not create any obligation for either party to enter into commercial transactions or sign an Emission Reduction Purchase Agreement (ERPA). Any future collaboration will remain subject to Indonesian laws and regulations, national carbon registry and authorization procedures, and mutual agreement between the parties.
Forestry Minister Raja Juli Antoni said the partnership forms part of Indonesia’s broader strategy to expand access to international climate finance while supporting the country’s climate targets and sustainable forest management.
“This agreement reflects Indonesia’s continued commitment to protecting and restoring forests as part of achieving our national climate goals,” Raja Juli said. “We welcome our collaboration with Emergent as an opportunity to explore international climate finance mechanisms that can support the implementation of Indonesia’s Jurisdictional REDD+ programme.”
He added that Indonesia continues to strengthen its national carbon governance framework through regulatory reforms and the development of a transparent, credible, and accountable carbon market infrastructure to build investor confidence while ensuring environmental and social benefits for local communities.
Indonesia has previously secured US$110 million in results-based climate finance through the Forest Carbon Partnership Facility after achieving verified emissions reductions. The government views that experience as an important foundation for expanding access to international carbon markets and other results-based climate finance mechanisms.
Emergent Chief Executive Officer Eron Bloomgarden said Indonesia occupies a strategic position in global climate action because it is home to one of the world’s largest tropical forest areas.
He said scaling up Jurisdictional REDD+ in Indonesia could deliver large-scale emissions reductions while protecting biodiversity and improving the livelihoods of forest-dependent communities. ***
