Indonesia is embarking on a bold journey towards restoring its peatlands and mangroves, recognizing these ecosystems not only for their beauty but as powerful engines for sustainable investment. The nation sees the dual opportunity to bolster its economy while reaping significant environmental benefits, as reported by Vietnam News Agency in partnership with TV BRICS.
The Indonesian Ministry of Environment has revealed that current restoration efforts target approximately 4.1 million hectares of peatlands. This initiative is projected to slash emissions by 302.9 million tonnes of CO2 each year, opening doors to economic possibilities in the burgeoning carbon market.
Sigit Reliantoro, the Director General of Environmental Pollution and Degradation Control, articulated that such carbon trading could yield revenues of up to $11.3 billion annually, transforming environmental responsibility into financial gain. Furthermore, the economic potential of mangrove restoration emerges clearly; though it costs about $3,900 per hectare, the return could soar to $50,000 per hectare annually through integrated silvofishery practices that promote sustainable aquaculture and mangrove conservation.
With about 3 million hectares of mangroves, Indonesia stands on a solid foundation for carbon offset initiatives and trading. These restoration projects harmonize with Indonesia’s long-term vision for a sustainable economy, striving to strike an exquisite balance between economic growth and environmental stewardship, ensuring both thrive hand in hand.
Indonesia is set to restore peatlands and mangroves, promoting sustainable investment with substantial economic and environmental benefits. Efforts cover over 4 million hectares, potentially cutting emissions by 302.9 million tonnes of CO2 annually and generating carbon trading revenues up to $11.3 billion. Mangrove rehabilitation can yield significant returns through sustainable practices, aligning with the nation’s sustainable economy vision.
Indonesia’s commitment to restoring peatlands and mangroves stands as a testament to its vision for blending economic prosperity with ecological preservation. Through substantial investments in these ecosystems, the nation aims to significantly reduce emissions while tapping into lucrative carbon markets. The potential for enhancing the economy through sustainable practices reflects a holistic approach where environmental care and financial benefits coalesce, paving the path for a resilient and sustainable future.
Original Source: tvbrics.com
