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🇮🇩 Indonesia /Environment & Climate

Indonesia seeks blended financing for national park conservation amid budget shortfalls

From Republika · (8m ago) Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

TLDR

  • Indonesia's national budget (APBN) can only cover about 30% of national park management needs, prompting the government to seek blended financing.
  • A task force has been formed to explore innovative funding, combining public, private, and philanthropic sources.
  • Community involvement and benefit-sharing are considered key to the sustainability of conservation efforts.

Indonesia faces a significant funding gap in managing its precious national parks, with the state budget (APBN) only able to meet approximately 30% of the required funds. This reality necessitates a shift towards innovative financing models to ensure the effective conservation of these vital ecosystems.

Let's say the need is 100 percent, what we can fund from the APBN is only about 30 percent.

— Satyawan PudyatmokoSatyawan Pudyatmoko, Director General of KSDAE at the Ministry of Forestry, quantified the funding gap for national park management.

The government's formation of a task force dedicated to exploring blended finance – a mix of public, private, and philanthropic contributions – signals a proactive approach to overcoming budgetary limitations. This strategy aims to bridge the funding deficit and optimize the ecological and economic functions of conservation areas.

Without the benefits received by the community, the national park will be difficult to be sustainable.

— Satyawan PudyatmokoSatyawan Pudyatmoko emphasized the importance of community benefit-sharing for the sustainability of national parks.

Director General of Ecosystem and Biodiversity Conservation, Satyawan Pudyatmoko, stressed that community involvement is crucial for the long-term sustainability of national parks. Without tangible benefits for local populations, conservation efforts risk being undermined. The government is also exploring mechanisms like the e-bio fund and strengthening private sector engagement, including carbon trading, to bolster conservation funding.

Ecology before tourism. Tourism to support ecology.

— Hashim DjojohadikusumoSpecial Envoy of the President for Climate and Energy, Hashim Djojohadikusumo, stated the priority of ecological preservation over tourism.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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