Tuesday, July 30, 2024
The Ministry of Environment and Forestry together with the Jambi Provincial Government are negotiating the ERPA draft with the World Bank. However, there is a Condition of Effectiveness (CoE) clause that needs to be fulfilled by the Indonesian Government, including Submission of copies of executed Sub-Project Arrangement(s) between Seller and the Sub-Project Entities required to implement the ISFL ER Program.
The form and content of this arrangement requires preparation and scrutiny which refers to applicable provisions, including: Minister of Home Affairs Regulation Number 22/2020, Minister of Home Affairs Regulation Number 25 of 2020, and Minister of Environment and Forestry Regulation Number: 3 of 2022 concerning Cooperation Domestic. The purpose of this meeting is to decide on the form of cooperation arrangement between the Ministry of Environment and Forestry and the Jambi Provincial Government on the Jambi Emission Reduction Project program.