Indonesia’s Ministry of Marine Affairs and Fisheries (KKP) is exploring cooperation with United States-based carbon solutions company Rubicon Carbon to develop high-integrity blue carbon projects as part of efforts to expand investment and carbon market development in the marine sector (14/07).

Minister of Marine Affairs and Fisheries Sakti Wahyu Trenggono said the cooperation could support investment, technology development, and innovative financing to improve the management of Indonesia’s blue carbon ecosystems, including mangroves, seagrass meadows, and coral reefs.

KKP and Rubicon Carbon Discuss High-Integrity Blue Carbon Development

The exploration of cooperation took place during a meeting between Trenggono and representatives of Rubicon Carbon at the KKP office in Jakarta on Tuesday (14/07).

Trenggono said one of the current priorities is the revitalization of coastal areas along the northern coast of Java through mangrove restoration combined with improvements to aquaculture systems.

“This program is directed at restoring coastal areas that have experienced degradation for decades, while also increasing carbon absorption capacity and the economic productivity of coastal communities,” Trenggono said.

Mangrove Restoration and Technology Support Indonesia’s Carbon Strategy

Trenggono said the use of monitoring technology to measure the condition of mangroves, seagrass meadows, and coral reefs will be an important part of developing credible blue carbon data.

The data is expected to meet international standards and support the development of Indonesia’s blue carbon ecosystem management.

As part of the cooperation process, KKP and Rubicon Carbon will discuss feasibility studies, pilot project development, investment mobilization, and access to international carbon markets.

Partnership Targets Investment and International Carbon Market Access

The cooperation process is expected to produce blue carbon projects that meet global standards and attract carbon credit buyers from the early stages of development.

On the regulatory side, KKP is also revising Ministerial Regulation of Marine Affairs and Fisheries Number 1 of 2025 concerning procedures for implementing the Economic Value of Carbon (NEK) in the marine sector.

The regulation will serve as a foundation for developing blue carbon instruments in the marine sector.

Rubicon Carbon Highlights Indonesia’s Mangrove Restoration Potential

Head of Asia and Head of Asset Management Rubicon Carbon Flora Ji said the company sees Indonesia as having major opportunities to become an example for large-scale mangrove restoration projects.

“We are very much looking forward to working with KKP and exploring how to develop high-quality landscape-level projects in Indonesia. We hope to make it a world-class example of how to replicate these solutions to restore mangroves around the world,” she said.

Chief Market Relations Officer Rubicon Carbon Filipe Blackwood Oliveira said the company is committed to supporting projects that provide environmental benefits while improving community welfare in the long term.

KKP emphasized that all blue carbon development will prioritize sustainability, good governance, and active involvement of coastal communities as the main beneficiaries.

PHOTO: ESG NEWS

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