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View all search resultsIndonesia is preparing its own carbon-trading regulation ahead of the 26th United Nations Climate Change Conference (COP26) in Glasgow, Scotland, next week as it prioritizes, among other issues, pushing for the completion of international rules to govern carbon-emissions trading in the summit.
The government will use tax policies to fight climate change by putting a price on carbon emissions, but businesses have expressed opposition while experts say the provisions will hardly get Indonesia closer to its climate goals.
Protecting trees is key to meeting ambitious climate goals, with tropical rainforest loss accounting for about eight percent of annual carbon dioxide emissions, according to monitoring platform Global Forest Watch.
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