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Indonesia joins COP31 climate finance pilot, seeks national flexibility

Meeting Indonesia's 2031–2035 climate targets is estimated to require US$472.6 billion across energy, agriculture, forestry and other land use, and waste management.

By Arif Rahman

Illustration of climate financing links between governments, development banks and private investors
Photo: Antara News

Indonesia has joined an initial group of countries testing a COP31 climate financing framework, while calling for participating nations to retain control over their priorities. Environment Minister Jumhur Hidayat announced the country's support for the Climate Implementation Bridge (BRIDGE) in Antalya, Türkiye, on 13 November.

Launched by the COP31 Presidency, BRIDGE seeks to make climate financing more flexible while respecting national sovereignty. Ethiopia, Fiji, Pakistan and Uzbekistan are also taking part in the pilot, ahead of an expansion to other developing countries through 2035.

Jumhur said the framework should be directed by participating countries, build their capabilities and make better use of financing arrangements already available, rather than establish additional funding mechanisms. Indonesia wants BRIDGE to connect private investors with multilateral development banks and development finance institutions.

The initiative aligns with Indonesia's Second Nationally Determined Contribution roadmap, submitted to the United Nations Framework Convention on Climate Change in October 2025. It sets implementation priorities for 2031–2035 under the Low Carbon Compatible with Paris Agreement scenario.

Indonesia's delegation also proposed formal governance arrangements, a structured process for determining priorities and measurable performance indicators. The Environment Ministry said officials would pursue further technical talks with international partners and the COP31 Presidency to ensure BRIDGE supports the country's Second NDC targets.

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