Adrem Law Firm’s Post

Happy Earth Day from ZCF! 🌍 Today, we celebrate our commitment to preserving Indonesia's rainforests and mangroves through sustainable investment. Together, it is our responsibility, we're not just protecting nature; we're fostering economic growth, empowering communities, and safeguarding biodiversity. Let us in investing in a greener, more sustainable future. #EarthDay #SustainableInvestment #RainforestConservation #MangrovePreservation

🌊 This week, I attended the National Dialogue on Blue Carbon Business Models hosted by CIFOR, and I’ve been reflecting on the roses 🌹, buds 🌱, and thorns 🌵 from the discussions. The Roses: CIFOR scientists highlighted the realities of mangrove conservation in Indonesia, which holds one-fourth of the world’s mangroves. Most of these forests are already protected (eg hutan lindung), making additionality essential for any project viability. Carbon markets favor restoration, but only 5% of mangroves require restoration (Sasmito et al., 2023), making additionality and layering conservation and restoration credits do or die for any project to be viable. The Buds: Indonesia’s emerging domestic carbon market, spearheaded by OJK, has the potential to address ethical challenges, ensuring companies damaging Indonesia’s ecosystems are held accountable domestically, rather than relying on offsets from the Global North. The market is currently a regulatory mess, but shortening the blue carbon supply chain will undoubtedly have domestic benefits. Polluters in East Kalimantan should be paying to restore and conserve ecosystems in... East Kalimantan. The Thorns: A recurring colonial narrative dominated the event. Carbon investments should support communities to build their own visions, with developers acting as supporters—not salespeople to dictate a carbon future. 👉 Project developers should support communities in building their own vision for the future—agnostically and on their terms. 👉 Carbon investment should serve as a tool to make that vision a reality. 👉 If a community rejects a deal because they don’t feel it aligns with their vision, this shouldn’t be seen as a failure, but as a win What’s missing? A meaningful discussion on human rights. Seven government ministries failed to touch on any aspect of how Indonesia’s regulatory frameworks will protect communities. Without clear legislation, carbon markets risk becoming a liability rather than a tool for justice - and based on our experience most of them are already negatively impacting local communities. Toolkits like this one →  How National Legislation Can Advance Carbon Justice: A Policy Toolkit, need to be front and center in conversations as Indonesia scrambles to finalize its national carbon policies. It’s time for community-led, equity-driven, and accountable solutions to redefine blue carbon initiatives. 🌱 Planet Indonesia #BlueCarbon #Conservation #EquityDrivenSolutions

Indonesia’s president-elect Prabowo Subianto is eyeing a $65 billion green economy fund by 2028, fueled by the sale of carbon credits from rainforest preservation and reforestation projects. With a new regulator to oversee carbon markets, the plan is positioned to drive Indonesia’s energy transition and support its net-zero goals by 2060. However, the real challenge will be scaling up carbon credit sales in a highly competitive global market and attracting the necessary investment to meet these ambitious financial targets. Speaking to Reuters about the new green fund, managing director Christina Ng said "Indonesia's vast natural ecosystem offers scope for major carbon offset projects, but the targets are highly ambitious from financial and operational perspectives." Read more here: https://lnkd.in/ezknJjwy

The carbon market worldwide is heating up, and with good purpose, as governments are recognizing the opportunity for carbon credit instruments to play a pivotal role in creating market liquidity for funding giga-scale decarbonization. The recent NYC climate week has a prime take-away, decarbonization projects must demonstrate commercial viability at the right investment return without state-aid: it has to be able to stand on its own. We live in exceptional times, exemplary solutions required. #strategy #management #hydrogen #thessalonicaHydroship

Innandya Kusumawardhani, our Chief Operating Officer, had the opportunity to share about CarbonEthics and navigating three key challenges in advancing carbon market development at Indonesia Net-Zero Summit.🌱 You can also support our initiatives by empowering local communities in coastal areas through https://lnkd.in/gBJEKxE9. #CarbonEthics #BlueCarbonEcosystem #Biodiversity #BlueEconomy #ClimateSolution #LocalCommunities

**Indonesia Unveils Ambitious $65B Green Fund Through Carbon Credit Sales** Indonesia's President-elect Prabowo Subianto has announced plans to create a $65 billion green fund by 2028 through the sale of carbon credits. This initiative aims to support vital environmental projects, including rainforest preservation. Leveraging the country's rich natural resources, Indonesia seeks to position itself as a leader in sustainable development. This ambitious plan signifies a major step forward for Indonesia's environmental agenda. By utilizing carbon credits, the nation not only aims to attract global investment but also to ensure the protection and conservation of its biodiverse ecosystems. The green fund sets a precedent for integrating economic growth with environmental stewardship. How do you think Indonesia’s $65 billion green fund will impact the global carbon credit market and environmental initiatives worldwide? #Sustainability #GreenInitiatives #CarbonCredits #EnvironmentalProtection #Indonesia #SustainableDevelopment

For the first time, we’re measuring how our work impacts the environment, society and stakeholders, AND the potential financial cost of those impacts. 👍 It’s called double materiality, and we're among a small number of early adopters in Aotearoa New Zealand. It's recognised as global best practice, so it was a step that was important for us to take, but it also required some experimentation! Read more: https://bit.ly/4h863OE This story first featured in Tackling Zero, our quarterly e-newsletter for people working or interested in sustainability. Each issue offers Meridian’s insights into topical sustainability issues. To register: https://bit.ly/4cLFUDr #DoubleMateriality #Sustainability #Environment #CleanEnergy #SustainableEnergy

We are on a Happy Mazingira Day Again, Our Partners #RISEmembers play a critical role in promoting environmental sustainability by integrating business practices with social and environmental goals. We aim to steer the focus on solving ecological challenges while creating economic opportunities, contributing to a greener and more sustainable future. Human Rights & Science Kenya We will do it. Key contributions : Waste Reduction and Recycling: To enable innovation around reducing waste, upcycling materials, and promoting recycling programs, helping to minimize the strain on landfills and natural resources. Sustainable Production Practices: These enterprises often prioritize eco-friendly methods in manufacturing, such as using renewable resources, reducing energy consumption, and minimizing pollution. Promoting the Renewable Energy sector making clean energy solutions accessible and affordable, promoting the adoption of solar, wind, and other green technologies. Education and Advocacy: By raising awareness on environmental issues, we aim to educate communities about the importance of conservation, sustainability, and responsible consumption, fostering environmental stewardship. Supporting circular economy model by designing products and services that minimize waste, encourage reusability, and create sustainable supply chains. Through these efforts, A joint effort will help reduce environmental impact, promote sustainable living, and drive innovation toward a healthier planet. We started the journey hence our #ROPE Management Strategy which is Scientifically proven.

Pafikabgunungkidul.org, a pioneering organization in Gunungkidul, Indonesia, has emerged as a driving force for sustainable development and positive change within local communities. Through a comprehensive approach, the organization has implemented initiatives focused on renewable energy, water management, environmental conservation, education, healthcare, and economic empowerment. Recognizing the region's challenges, Pafikabgunungkidul.org has spearheaded efforts to promote solar energy systems and eco-friendly technologies, reducing reliance on non-renewable resources and minimizing carbon footprints. Their water management projects have improved access to clean water, a vital resource for health and agriculture. Environmental conservation efforts have encompassed land restoration, tree planting, and sustainable farming practices, protecting local ecosystems and biodiversity. Educational programs have fostered literacy, technical skills, and community engagement, equipping residents with the knowledge and tools to thrive. Moreover, Pafikabgunungkidul.org has facilitated healthcare initiatives, ensuring access to medical services and disease prevention measures. Sustainable livelihood programs have empowered individuals through entrepreneurship, local artisanry, and small business support, fostering economic resilience. By collaborating with local governments, NGOs, and international partners, Pafikabgunungkidul.org has maximized its impact and created lasting change in Gunungkidul. The organization's community-driven approach and focus on addressing root causes have set new standards for sustainable development. #SustainableDevelopment #RenewableEnergy #EnvironmentalConservation #CommunityEmpowerment @pafikabgunungkidul

Last Call: Final Seats Available for EmPower Phase II Seats are filling up fast for our EmPower: Women for Climate-Resilient Societies Programme Phase II. Organized by Impact Partners™ in collaboration with UN Environment Programme, this program equips impact enterprises with the critical skills to accelerate Indonesia's sustainability journey. Take Krakakoa, a success story from 2019. With support from Impact Partners and IIX's GRAISEA project, Krakakoa empowered 450 farmers, boosting their income by USD $17,078 and saving USD $9,659 in costs through strategic collaboration. Now, we're ready to scale more enterprises like Krakakoa through EmPower II. Our workshops provide the skills essential for maximizing climate impact, with topics such as understanding the renewable energy landscape in Indonesia and investment readiness. Join forces with Krakakoa and other pioneering enterprises committed to a healthier planet. Register now—final seats are going fast!  https://lnkd.in/gczcqPDk