OJK And The Financial Industry Plant 20,000 Mangroves To Support Climate Change Mitigation

JAKARTA - The Financial Services Authority (OJK) together with financial industry players are said to have planted 20,000 mangrove seedlings as an effort to encourage environmental recovery and climate change mitigation measures.

Chairman of the OJK Board of Commissioners, Wimboh Santoso, said that this activity is a form of support for environmental conservation through a program that is on the global agenda in reducing emissions to net zero emissions by 2060.

"One of these efforts is that we plant mangroves or mangrove trees," he said in a written statement quoted on Sunday, June 26.

According to Wimboh, mangrove forests have many benefits that can be a solution to mitigate the impact of climate change.

"This activity is also intended to encourage the development of a green economy in Indonesia and as part of the activities to welcome the G20 Summit in Bali," he said.

In the release, Wimboh also explained that this activity was also assisted by the BakauMU Foundation and the Green Mangrove Foundation and its progress will continue to be monitored for the next three years.

It was also disclosed that OJK and financial services industry players also provided assistance in the form of the establishment of public toilets and several production equipment for mangrove activities for the community around the mangrove forest area.