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Jakarta Post

Palm oil and forests can grow together: WB

  • Tifa Asrianti

    The Jakarta Post

Jakarta   /   Mon, October 3 2011   /  08:00 am

While Indonesia is on the right track with environmental preservation, economic growth can improve through clear incentives in forestry management, the World Bank says.

Andrew Steer, the World Bank’s special envoy for climate change, said that Indonesia’s commitment was one of the most important for the emerging world but challenges remain.

Obscure forest management that offered no incentives for conservation meant people saw it as more profitable to deforest, he said.

“It requires a different regulatory environment with greater clarity, consistency and understanding to address the incentives,” he said.

On Tuesday, President Susilo Bambang Yudhoyono opened the Forest Indonesia conference with a commitment that he would dedicate the remaining three years of his term of office to protecting the environment, while also focusing on poverty eradication.