The Ministry of Finance reported that the realization of spending related to climate-transition in 2021 has reached US$ 7.8 billion (IDR 112.74 trillion). The spending increased by US$ 2.8 billion (IDR 40.3 trillion), compared to 2020’s allocation, and made up 4% of the total national expenditure last year. The Ministry of Finance noted that since 2016, the climate-transition related spending has reached US$ 39 billion (IDR 562.68 trillion). Climate change mitigation related spending makes up 74% of the total climate change spending from 2016 to 2020, followed by the budget for climate-adaptation spending.
Copyright © 2021. All rights reserved.