Indonesia's Environment and Forestry Minister, Professor Siti Nurbaya, announced on February 24th that the country is prepared to offer results-based payments (RBP) to interested buyers for its achievements in reducing emissions from deforestation and forest degradation, as well as enhancing forest stock carbon through REDD+ scheme from 2018 to 2020, resulting in a remarkable reduction of over 577 million tonnes of CO2e.

The Indonesian Environment and Forestry Ministry is continuing to make consistent and substantial efforts to ensure that forest carbon governance remains on a legal track following the issuance of the landmark presidential regulation on the country's economic value of carbon, which was signed by President Joko Widodo in October last year.