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Monday, June 17, 2024

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Indonesian Waqf authority and UNDP launch Green Waqf Framework

The United Nations Development Programme (UNDP) has collaborated with the Indonesian Waqf authority, Badan Wakaf Indonesia (BWI), the Waqf Center for Indonesian Development and Studies and the Green Waqf Organization to launch the Green Waqf Framework.

The document covers Waqf and climate change initiatives and aims at serving as a global reference on Islamic finance from Indonesia.

“The Green Waqf Framework is a guideline for expanding Waqf instruments for the environment to provide a balance between development and protection of the environment. Islam has taught us to protect the environment such as planting trees and prohibition [of] cutting trees during the war.

“In addition, this document becomes a reference for innovative action programs that can be developed in the implementation of the Waqf project,” Dr H Tarmizi Tohor, the director of Zakat and Waqf Empowerment, said.

The framework identifies key stakeholders and details their role in promoting the success of green Waqf programs as well as factors that need to be taken into consideration in each stage of the green Waqf initiative.

The framework puts forward four stages to implement the proposed initiative starting from the preconditional stage, which focuses on literacy; to the consolidation stage, which seeks to promote collaboration among stakeholders; the project development stage, which implements the initiative; and the mainstreaming stage, which will be a consequence of the successful implementation of the first three stages. The framework does not outline a timeline for the stages.

The framework proposes developing a Tamanu plantation on Waqf land for the pilot project due to its environmental benefits as well as act as a source of clean energy. Crude Tamanu oil is able to replace fossil fuel-based diesel without engine modification.

It will also contribute to combating deforestation. The proposed pilot project will contribute to SDG 7 of affordable and clean energy as well as SDG 13 of climate action.

The framework has recommended the Indonesian government to provide support for its implementation and its aligned projects. It has also recommended Waqf authorities to coordinate the implementation of pilot green Waqf projects. Further, it has suggested measures to enhance public awareness and literacy.

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