The Jakarta Post
Negotiators from Indonesia and Norway will meet in Jakarta next week to discuss the implementation of a bilateral climate deal to combat deforestation in Indonesia, the highest in the world with more than 1 million hectares destroyed per year.
The meeting, to be held from Aug. 18 to Aug. 19, will highlight plans to set up institutions on financing, REDD (reducing emissions from deforestation and forest degradation) and MRV (measuring, verifying and reporting) systems, to implement the letter of intent (LoI) signed in May.
President Susilo Bambang Yudhoyono’s special assistant on climate change, Agus Purnomo, said the talks would translate points of the LoI into a working plan to implement the deal. “It is likely the first disbursement of about US$30 million will be agreed after the UN General Assembly meeting in September [in New York],” he said at his office Thursday...