ID: East Kalimantan Project for ER Results

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The development objective of the East Kalimantan Project for Emission Reductions (ERs) Results for Indonesia is to incentivize reduced deforestation and forest degradation in East Kalimantan, Indonesia, through payment of verified ERs, and to ensure that paid amounts are distributed according to an agreed benefit sharing plan (BSP). The project is organized as a process that includes: (i) verification and payment for measured and reported ERs. The basis for payments under the ER payment agreement (ERPA) is verified ERs reported by the program entity (MoEF). In the ER program document (ER-PD) accepted by carbon fund participants in June 2019, Indonesia detailed an approach to measure emissions in East Kalimantan; and (ii) distribution of the ER payments according to the BSP. The proceeds from verified ER payments will be shared according to an agreed BSP, designed based on the criteria in the carbon fund methodological framework and in a manner that is acceptable to the World Bank. It describes the benefit sharing arrangements, including the distribution mechanism, funds flow and rules of allocation of ERPA payments and benefits to agreed beneficiaries.