October 26, 2007 (Jakarta Post) – President Susilo Bambang Yudhoyono has maintained Indonesia’s stance that developing countries should reach emissions reduction targets voluntarily, despite objections aired by Australia and the United States.Yudhoyono made the statement on the first day of the two-day ministerial meeting ahead of the United Nations Framework Convention on Climate Change Conference in Bogor, West Java on Wednesday.
“The post-2012 regime should strengthen the commitment of developed countries to reduce their emissions. The major economic powers should be faithful to their commitments under the current and future climate regimes,” Yudhoyono said.
“Developing countries, on the other hand, should participate voluntary in reducing their national greenhouse gas emissions according to their national circumstances.”
Yudhoyono was referring to the Kyoto Protocol, which expires in 2012.
He said that the rich nations should also provide resources, eco-friendly technologies and financial support to developing nations to cope with impact of human-induced climate change.
“It is only logical that developed countries should continue taking the lead in significantly reducing carbon emissions,” he said
The Kyoto Protocol requires industrialized nations listed in its Annex I, including the U.S. and Australia, to reduce their emissions levels by at least 5 percent below their 1990 levels.
On the other hand, developing countries are not required to meet the emissions reduction target.
The United States and Australia have rejected the arrangement, demanding certain developing countries — China and India in particular — be included in the mandatory reduction target.
U.S. under-secretary of state for global affairs Paula J. Dobriansky, and Australian secretary of the department of environmental and water resources David Borthwick are attending the Bogor meeting.
NGO Wetland International has dubbed Indonesia as the world’s third largest greenhouse gas emitter after the U.S. and China, with a total of 3,014 million tons, mostly due to forest fires.
China is also expected to eventually overtake the U.S. as the world’s biggest carbon producer thanks to its booming economy.
The Kyoto Protocol says developing countries could help rich nations meet their emissions reduction targets by hosting clean development projects through the clean development mechanism (CDM)
India and China are currently the two top countries tapping financial incentives from the CDM projects. A ton of carbon under the CDM is priced at between US$5 and $10.
Yudhoyono said that the carbon price for efforts in protecting forest should be determined by the market in order to deal with economic losses in rain forest countries.
“The carbon market for REDD should provide a better price for each ton of carbon saved, and that price should be determined by the market so that the tropical rain forest countries do not have to shoulder the burden of opportunity costs,” Susilo said.
He was referring to the Reduction Emissions from Deforestation in Developing Countries (REDD) program, to be proposed by Indonesia at the Bali conference.