Discuss Climate Change Budget, MoF Holds Asia-Pacific Forum

Discuss Climate ChangeThe United Nations Environment Program (UNEP), the Climate Policy Initiative (CPI) and IIED have organized an international forum on financing to deal with the United Nations Development Program (UNDP), the United Nations Development Program (UNDP) climate change and sustainable development, September 1-3, 2015 at the Shangri La Hotel, Jakarta.

Finance Minister Bambang Brodjonegoro said that Indonesia has three principles in terms of measuring climate change, namely first, bringing the climate change agenda into development planning and budget.

Second, ensuring effective management and use of climate change financing. And third, the development of financial resources for the climate change agenda.

According to Bambang, this forum was held less than 30 days before the UN General Assembly which endorsed a new global development goal, or better known as Sustainable Development Goals (SDGs).

"This forum will discuss climate change issues and the contribution of public services," he said in Jakarta on Tuesday (1/9/2015).

In addition, the forum was also held less than 100 days before world leaders gathered in Paris, France, to attend a UN summit, to agree on a new, universal and binding treaty on climate change.

"The Forum is attended by 150 participants and will present speakers from government officials both domestically and overseas, totaling 18 countries in the Asia Pacific region participating in this forum," he said.

Meanwhile, UNDP Asia-Pacific Director Haoling Xu said countries around the world should work together to create an adequate financing framework to achieve sustainable development goals and address climate change.

According to him, UNDP has also worked with the UK and Sweden to ensure that climate finance is specifically linked to the national budgeting process.

"This has helped build a common priority on sustainable development and climate change across sectors such as finance and the environment," he said. (Dny / Gdn)

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