TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

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’...