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Indonesia | First payment under REDD+ forest preservation plan finally on way

JAKARTA — It’s taken nearly a decade, but Indonesia is finally set to receive the first part of a $1 billion payment pledged by the Norwegian government for preserving some of the Southeast Asian country’s vast tropical rainforests.


Indonesia’s environment minister, Siti Nurbaya Bakar, and her Norwegian counterpart, Ola Elvestuen, made the announcement in Jakarta on Feb. 16. The payment, whose amount is yet to be determined, is for Indonesia preventing the emission of 4.8 million tons of carbon dioxide equivalent (CO2e) through reducing its rate of deforestation in 2017.


https://news.mongabay.com/2019/02/indonesia-to-get-first-payment-from-norway-under-1b-redd-scheme/

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