JAKARTA, Oct. 7 (Xinhua) -- Indonesia will replant 600,000 hectares of mangrove areas in the next three years, said the Coordinating Ministry for Maritime and Investment Affairs on Wednesday.
"Our damaged mangrove areas cover nearly 1 million hectares. Our target in the next three years is (to replant) 600, 000 hectares through this program," Minister Luhut Binsar Pandjaitan said at the virtual launch of the Labor Intensive National Economic Recovery Program through the Coral Reef Restoration.
Pandjaitan said that replanting mangrove areas would have a broad impact on the trade of carbon emissions or known as carbon credit among countries.
Indonesia has 75-80 percent of the world's carbon credits, from forests, mangroves, peat, seaweed and coral reefs.
Currently, the Ministry of Environment and Forestry is preparing a format so that Indonesia can sell carbon emissions. Enditem