The Jakarta Post (20/11/2024) - The theme of the United Nation COP29 (Conference of Parties 29) in Baku Azerbaijan which took place from November 12-23, 2024 has the main task of how from the commitment of rich countries to provide climate change mitigation and adaptation funds to low and middle-income countries. The realization of this task still faces many obstacles. The funds needed to be collected amount to 2,4 trillion US dollars until 2030 to fund climate mitigation efforts in the form of significant emission reductions as well as adaptation efforts in the form of reducing and the negative impacts of climate change on vulnerable communities. Last year's negotiations at COP28 in Dubai failed to reach an agreement, also preparations before COP29 where the agreement of rich countries to provide funds of only 100 million US dollars per year would not be enough as a new collective quantified goal (NCQG), so that at COP29 it might lead to a form of compromise regarding this.
In the context of COP29, what is important for Indonesia to pay attention to is how this climate funding commitment occurs and how it can be accessed by communities that have taken climate action. Therefore, the ongoing global debate also provides an opportunity in the same spirit in the field of Philanthropy which can play a very important role in helping to bridge the gap in climate funding efforts for communities. Real examples of the roles of climate action funding catalysts for communities are supported primarily by Philanthropists such as the Ford Foundation in collaboration with BPDLH (Environmental Fund Management Agency) providing funding support through campuses and non-governmental organizations to empower communities active in climate action at the regional level related to forest, peat, and mangrove conservation. Another example is the funds provided by GIZ (German Institute for International Cooperation) to help recognize Customary Forests in Indigenous Communities in Kalimantan. And the form of direct non-governmental funding acceleration to Indigenous Communities and communities carried out by the Ford Foundation to the Nusantara Fund (Nusantara Fund) which was initiated by AMAN, KPA, WALHI. Dana Nusantara was established 15 months after the COP 26 agreement in Glasgow on climate finance.
Examples of successful philanthropic roles as catalysts like this can also be done in various forms through partnerships with non-governmental organizations and the private sector. Funding can also be done at the national and regional levels by applying the principle of "moving to do" then making improvements and innovations in minimizing obstacles. So that the gap in the global debate at the country level and the uncertain access to climate funding such as at COP29 this time can be helped by non-governmental mechanisms and Philanthropy, especially in dealing with the ongoing climate crisis.
