Indonesia-Norway Agree on Paris Agreement Article 6 Implementation

On the final day of the Global Green Growth Week 2023 held at the Global Green Growth Institute (GGGI) headquarters, the Coordinating Ministry for Economic Affairs of Indonesia and the Ministry of Climate and Environment of Norway made significant progress towards international climate collaboration by signing a Memorandum of Understanding (MoU) to cooperate on the implementation of Article 6 of the Paris Agreement.

This MoU represents a crucial milestone in the Designing Article 6 Policy Approaches (DAPA) program led by GGGI. GGGI continues to support the Indonesian government in enhancing its public policies to facilitate participation in carbon markets under Article 6 of the Paris Agreement to achieve its objectives outlined in its nationally determined contribution.

“We all look forward to the next milestone after the one we just achieved, which could be an Article 6 scaled-up trade between Indonesia and Norway,” added Thiago Chagas, Global Program Manager, Carbon Pricing Unit, GGGI.

The ceremony formalises the Article 6 cooperation between Indonesia and Norway. GGGI will continue to act as a facilitator in this partnership to ensure international cooperation in efforts to reduce greenhouse gas emissions.

“This Memorandum indicates serious cooperation under Article 6 and carbon trade for both countries. This achievement facilitated by GGGI is a way to accelerate our mitigation actions and hopefully realize carbon trading in the near future,” added Dida Gardera, Senior Advisor for Connectivity, Service Development, and Natural Resources, representing Indonesia.

“Norway and Indonesia have a long-standing cooperation and friendship, and I am happy to be here today and eager to continue this collaboration to a bright future,” concluded Guri Storaas, Deputy Director General at the Ministry of Climate and Environment of Norway.

Fenella Aouane, Director and Head of Carbon Pricing at GGGI said: “The ceremony is a significant step in quantifying and trading carbon against the impact of national policies to reduce emissions. It has taken a while to get here, but worth the wait. These scaled-up solutions are needed to generate the transformational change required to meet the Paris goals.”