Carbon trading system as a climate mitigation scheme: why Indonesia should adopt it?

Rachmaniar, Adelia; Supriyadi, Aditya Prastian; Pradana, Hasyimi; Mustriadhi,

doi:10.1088/1755-1315/739/1/012015

Cited by 2 publications

(2 citation statements)

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“…High cost of renewable energy is supposed one of main obstacles to sustainability transition. We suggest the nations should not only expand the renewable energy and decrease the renewable electricity cost through policies but also jointly building the trading mechanism and regulation system under carbon credit obligation to companies [51,52].…”

Section: Discussionmentioning

confidence: 99%

Impact Analysis of a National and Corporate Carbon Emission Reduction Target on Renewable Electricity Use: A Review

Chang

2022

Energies

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The Paris Agreement requires countries to propose their National Determined Contributions (NDCs) and encourages companies to engage in climate action. This two-stage study explores the mutual influence of national and corporate carbon reduction targets and their effect on the adoption of renewable energy using Hierarchical Linear Modeling (HLM). The subjects are companies nested in the G20, engaging in the Science-Based Target initiative (SBTi) or the RE100 initiative. These empirical results show corporate targets are positively correlated to adoption of renewable energy, and development of renewable energy varies by country groups, however; national targets are insignificantly correlated. Our key findings: (1) companies which set SBTs are more willing to use renewable energy to achieve their targets but prefer power purchase agreements (PPAs) and renewable energy certificates (RECs) to investment in renewables. (2) The effect of a national-level target on corporate renewable energy use is non-significant, probably because most multinational corporations are used to compliance and their performances are likely to be better than the national deployment on climate change. We argue that an industrial energy transition to renewables is economically beneficial and needs substantial support in the form of policies or subsidies, instead of just setting targets or attracting publicity.

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Section: Discussionmentioning

confidence: 99%

Impact Analysis of a National and Corporate Carbon Emission Reduction Target on Renewable Electricity Use: A Review

Chang

2022

Energies

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“…The smog from forest and land fires also releases greenhouse gases into the atmosphere. These gases are the cause of global warming (Allen et al, 2021;Arora & Mishra, 2021;Daulay & Hidayat, 2018;Deng et al, 2022;Gebara et al, 2020;Nemtinova et al, 2022;Rachmaniar et al, 2021;Runkle & Kutzbach, 2014). Forest ecosystems are also disturbed due to forest and land fires.…”

Section: Introductionmentioning

confidence: 99%

Sipongi System: Navigating and fostering collaboration in Indonesia

Wicaksono,

Prihatin,

Febrian

et al. 2024

J. Infras. Policy. Dev.

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The Sipongi System is essential in dealing with forest and land fires because this system provides real-time data that empowers stakeholders and communities to proactively overcome fire dangers. Its advantages are seen in its ability to provide detailed information regarding weather conditions, wind patterns, water levels in peatlands, air quality, and responsible work units. This data facilitates efficient decision-making and resource allocation for fire prevention and control. As an embodiment of Collaborative Governance, the Sipongi System actively involves various stakeholders, including government institutions, local communities, environmental organizations and the private sector. This cooperative approach fosters collective responsibility and accountability, improving fire management efforts. The Sipongi approach is critical in reducing forest and land fires in Indonesia by providing real-time data and a collaborative governance model. This results in faster response times, more effective fire prevention and better resource allocation. Although initially designed for Indonesia, the adaptable nature of the system makes it a blueprint for addressing similar challenges in other countries and regions, tailored to specific needs and environmental conditions. Qualitative research methods underlie this study, including interviews with key stakeholders and analysis of credible sources. Government officials, community leaders, environmental experts and organizational representatives were interviewed to comprehensively examine the mechanisms of the Sipongi System and its impact on forest and land fire management in Indonesia. Future research should explore the application of Sipongi Systems and collaborative governance in various contexts by conducting comparative studies across countries and ecosystems. Additionally, assessing the long-term impact and sustainability of the Sipongi System is critical to evaluating its effectiveness over time.

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Carbon trading system as a climate mitigation scheme: why Indonesia should adopt it?

Cited by 2 publications

References 5 publications

Impact Analysis of a National and Corporate Carbon Emission Reduction Target on Renewable Electricity Use: A Review

Impact Analysis of a National and Corporate Carbon Emission Reduction Target on Renewable Electricity Use: A Review

Sipongi System: Navigating and fostering collaboration in Indonesia

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