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Jakarta Post

RI wants money for meeting carbon reduction targets

  • Hans Nicholas Jong

    The Jakarta Post

Jakarta   /   Fri, November 4 2016   /  08:39 am

Last month, Indonesia officially ratified the 2015 Paris Agreement on climate change.

And at next week’s climate change meeting in Marrakech, Morocco, the government will challenge devoloped countries to act on their own pledge to provide financial incentives for countries that achieve substantial progress in reducing massive deforestation.

Indonesia, one of the world’s largest greenhouse gas emmitters, has done its part, but developed countries have given little in return.

For instance, in 2010, Norway agreed to provide up to US$1 billion to Indonesia to fund forestry-related emissions reduction programs throughout the country.

A large portion of the fund will only be disbursed once Indonesia demonstrates tangible success in slowing its deforestation rate.

“In terms of finance, the commitment from developed countries has to be clear. Where’...