Indonesia's Climate Targets Face $276 Billion Financing Gap for Action.
The Indonesian government aims to tackle climate change by securing funding for climate actions in forestry, land use, and energy sectors. To reach their climate goals, they need around $276 billion, with a 53% financing gap. Strategies include diversifying financial sources from national and international sources, public and private sectors, and using financial instruments like green bonds and carbon pricing. International funding through grants and result-based payments is also crucial for achieving climate targets.