The Jambi regional administration has initiated a carbon trade partnership with the World Bank under the project Bio Carbon Fund (BioCF), the fires however may disrupt this partnership.
orest fires in Jambi province over the past month have burned an estimated 2,200 hectares of land, leading to concerns that they will derail the province's attempts to get funding from a carbon trade deal.
The Jambi regional administration has initiated a carbon trade partnership with the World Bank under the project Bio Carbon Fund (BioCF), the fires however may disrupt this partnership.
Warsi Indonesian Conservation Community (KKI Warsi) director Rudy Syaf said that forest fires had occurred from July until August, with around 60 to 70 percent of the burned area being peatland.
“With regard to carbon trading the government must properly measure the amount of carbon emissions in Jambi province,” Rudy said.
Rudy added that forest fires should be avoided if forest and peatlands are to become a new alternative source of income for the provincial government.
“Another point that should be maximized is the division [of income] among the central government, province and regency/city,” Rudy said.
Jamal M Gawi, a BioCP project consultant stated that the value of the decrease in CO2 emissions was an estimated US$5 per ton.
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