Regulation of the Minister of Forestry of the Republic of Indonesia Number: P. 36/Menhut-II/2009 concerning Procedures for Licensing Business Utilization of Absorption and/or Storage of Carbon in Production Forests and Protection Forests

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Regulation of the Minister of Forestry of the Republic of Indonesia Number: P.11/Menhut-II/2013 concerning Amendments to the Regulation of the Minister of Forestry Number P.36/Menhut-II/2009 concerning Procedures for Licensing Business Utilization of Absorption and/or Storage of Carbon in Production Forests and Protection Forests

Approved

The regulation No.11 of 2013 amends the regulation No.36 of 2009 concerning the business licensing for the utilisation of Carbon Absorption and/or Storage of Carbon in Production Forests and Protected Forests.&nbsp;<br><br>The regulation No.11 amends the&nbsp; Article 15 paragraph 2 : 'based on the results of the verification as referred to in Article 14, the Project Developer registers to the National Registration Agency or those in the international Voluntary Carbon Market (VCM) to obtain a Verified Emision Reduction (VER) certificate. In the event that the National Registration Body has not been established, the registration as intended in paragraph 1 shall be carried out by the Secretary General after obtaining technical considerations from the relevant Directorate General.The VER Certificate as referred to in paragraph 1can be sold directly between the Project Developer and the buyer or through the domestic carbon stock market or the international market based on the approval of the Minister'.&nbsp;

Regulations No.11/2013 and No.36/2009 about procedures for Licensing Activities for Absorbing and Restoring Carbon in Forests

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives

A long-lived, colourless gas, chiefly emitted from fossil fuel combustion, deforestation and cement production.

Terrestrial means "of the earth" and relates to the risks to ecological system that includes all living organisms and their interactions within land-based environments, such as forests, grasslands, and deserts.

Slow onset events evolve gradually from incremental changes over many years or from increased frequency or intensity of recurring events. As defined in the Cancun Adaptation Framework (2010), slow onset events include risks and impacts from rising temperatures, desertification, biodiversity loss, land and forest degradation, glacial retreat, ocean acidification, sea level rise, and salinization.

Any compulsory, unrequited payment to the government levied on corporations or individuals. This can be for environmental reasons, such as introducing a Carbon tax to set a price that emitters must pay for the greenhouse gases they emit.

Social and cultural groups that share collective ancestral ties to the lands and natural resources where they live, occupy or from which they have been displaced

Activities that involve the cultivation of crops and raising of livestock for food, fibre, and other products essential for human life and industry.

People with different national or cultural traditions from the dominant population

Tradable permits are market-based tools that grant permission for specific activities, frequently used to regulate emissions. These permits can be issued within a trading system to manage environmental impacts.

Actions or measures to adapt terrestrial systems to climate change.

Compulsory, required payments to the government that are levied more-or-less in proportion to the services provided. Fees and charges range from entrance fees to national parks, charges on land-based sewage discharge.

Activities of businesses and institutions that provide financial services and products to individuals and organisations.

This sector creates and distributes information and entertainment through television, radio, print, and digital platforms.

Zoning and spatial planning are both methods for guiding the distribution of people and activities in a space, and are regulatory restriction.

Financial support to help individuals manage the effects of unexpected events, securing their livelihoods and increasing the resilience of people and businesses to the changing climate. It’s especially vital in developing regions where everyday risks, climate-related weather extremes, or crop failures can push people into poverty. Without insurance, people may have to resort to selling assets or cutting consumption to cope with losses.

Activities that relate to the production of goods and services from forests.

People who are less able to respond to the effects of climate change due to having limited financial or physical assets

Regulation of the Minister of Forestry of the Republic of Indonesia Number: P. 36/Menhut-II/2009 concerning Procedures for Licensing Business Utilization of Absorption and/or Storage of Carbon in Production Forests and Protection Forests

Policy instrument

Risk

Impacted group

Greenhouse gas

Economic sector

Adaptation/resilience