Restoration of peatland in Indonesia is important for climate mitigation and responsible management. This study highlights the lessons of multi-stakeholder initiative and collaboration on peatland restoration in Indonesia amid the climate change era. A qualitative approach is implemented in this paper from the Central Kalimantan site. The study showed that establishing Peatland and Mangrove Restoration Agency has flourished the initiative collaboration among stakeholders. This establishment and the recurrent fires have encouraged private sector, NGO, and research agencies to build networking in peat restoration. Collaboration with the community is substantial in the restoration at the field level. There is a raising stakeholder’s awareness of designing collaborative peatland climate responsive management unfortunately, it needs more effort to engage the stakeholders in the long-term process of restoration, institutionalizing the programs, and financing. Beyond that, power management in collaboration is another critical point to deal with.