September 13, 2022, 06.12 PM

Also readOrchid Forest Cikole in Bandung, Indonesia is a Nature Attraction Worth Visiting

But Jakarta canceled it last year saying it didn’t see enough of the money, while research showed it only made a small dent in Indonesia’s carbon-cutting targets.

Critics of the United Nations-backed REDD+ mechanism under which the deal was struck said it was ineffective and trampled on indigenous communities’ rights.

Mangrove diplomacy

Under the new agreement Norway will send Jakarta an initial $56 million payment for its deforestation reduction from the year 2016 to 2017, the Norwegian minister said.

It will then pay Indonesia for years of reductions that followed after verifying the drops in deforestation, meaning it could be worth hundreds of millions of dollars to Jakarta.

Norway’s International Climate and Forest Initiative will pay the installments directly to Indonesia’s Environment Fund.

Norway has not specified the total amount it has allotted for the partnership.

Also readTwo Rare Rafflesia Flowers in Bloom At A Forest in Bengkulu, Indonesia

Indonesia has an ambitious goal to reach a net carbon sink in its forestry sector -- storing more carbon than it releases into the atmosphere -- by 2030 but its vast forests are still shrinking.

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Source AFP


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