Domestic financing of climate change is one of Indonesia’s top priorities. Going ‘bigger’ and ‘better’ is an imperative for Indonesia as the Asian Development Bank warns that climate change could cost Indonesia the equivalent of 3.5% of its gross domestic product (GDP) by 2100. It is essential for future prosperity. Indonesia has the sixth highest share of global greenhouse gas emissions. , climate action will be more relevant than ever.
In this context, the following concepts are: waqfForests are emerging as a unique and promising approach that leverages principles from Islamic tradition to finance climate change mitigation and adaptation efforts.
waqfis rooted in Islamic jurisprudence and refers to the permanent dedication of assets, including land, for charitable purposes. waqf The assets are considered a perpetual gift, and the benefits are directed toward achieving social, economic, or religious objectives. waqfTherefore, a forest is an area of land designated for conservation;
According to the Ministry of Finance’s Fiscal Policy Department, Indonesia will need 4,299 trillion rupiah (US$281 billion) in funding to meet the country’s goal of contributing to emissions reductions by 2030.meanwhile waqf According to the National Waqf Board (BWI), total funding from Indonesia is estimated to reach Rp180 trillion (US$11 billion), and this amount of cash is clearly not earmarked solely for climate issues. does not include other forms of funding. waqf From calculation.
Convince the Muslim community that waqf-Base forests can give them divine rewards by supporting the conservation of nature through donations, and this is the key to helping unlock the needed capital.
In addition to economic benefits, waqf-based forests create social and economic opportunities for local communities. Sustainable forestry creates jobs, fosters skills development and stimulates local economies. moreover, waqfThe -based forest serves as a hub for education and research, promoting awareness about environmental conservation and sustainable land management practices.
Muslims for Common Action on Climate Change (MOSAIC) waqfAs a recommendation of the Muslim Conference for Sustainable Indonesia, from 2022 – based forestry projects (Kongres Umat Islam untuk Indonesia Lestari). MOSAIC is an Islamic-led collaborative movement that actively engages Muslims across the country in tackling climate change. This move is in line with the country’s recently featured concept of “green Islam.” new york times. As MOSAIC steering committee member Nur Hasan Murtiaj explained, the movement’s origins stem from a 2019 study that identified Indonesia as one of the countries with the lowest confidence in climate change. Began.
In 2020, when seen in a more precise context, the results are quite surprising. 9 out of 10 Indonesians are worried about climate change, but they also believe in God’s supreme power. This highlights the potential of discussing climate change in an Islamic context, given that Indonesian society trusts religious leaders more than politicians.
Convince the Muslim community that waqfBy supporting nature conservation through donations, you can give the forest a divine reward. This is key to helping unlock the capital needed to decarbonize the economy and make it more resilient to harsher weather conditions.
Establishment and operation waqfUtilizing forests requires collaboration between governments, religious institutions, nonprofit organizations, local communities, and private investors. Governments can provide policy support, land tenure guarantees, and regulatory frameworks. waqfforest development based on
a waqf The forests of Bogor district in West Java are a good example.
This year, the Bogor Waqf Forest Foundation, in collaboration with MOSAIC and the Republic, launched a campaign titled “For Eternal Rewards” (Pahala Sepangjang Masa) on the KitaBisa.com digital fundraising platform. This campaign is waqfForests that support rural areas affected by landslides by restoring degraded land, conserving biodiversity and reducing carbon emissions. Before this campaign, the Bogor Waqf Forest Foundation was already managing three forests. waqf-Base forest.
the idea waqfForests have great potential and can continue to be developed through the social capital of the Indonesian people. Indonesia has been ranked at the top of the list for generosity for the sixth year in a row by the Global Giving Index, which shows the strong influence of religious values and cultural traditions in society. This generosity can be seen in the collection. Zakat, Common thingsand in addition to alms. waqfhas been consistently increasing every year.
waqf Often still associated with contributions to religious rituals, such as mosques (masjid), madrasa (madrasa), cemetery (makam), abbreviated as “3M”. waqf It may also be used in public initiatives to support environmental conservation. In a future where social, natural and economic justice are needed to mitigate the effects of climate change, traditional ways of giving and caring in Islamic culture offer a promising path forward.