TheJakartaPost
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Australia will provide Indonesia with A$500,000 to support the country’s carbon accounting system. The newly appointed Australian Minister for the Environment and Energy Josh Fryndenberg revealed on Wednesday that the new commitment was part of its national carbon accounting system with a special focus on emissions from peat land.
Not only forests, Indonesia also has vast amounts of peatlands, which also form the floor of rain forests. There are roughly 22 million hectares of peatlands in 2010, equal to 5% of the global peatland area. Peatlands cover around 3% of the globe, but store one third of the total global soil carbon. It was estimated that in 2010, Indonesian peatland stores 132 gigaton of CO2. In comparison, the world’s largest rain forest, the Amazon, stores 168 gigaton of CO2.
Despite having helped to increase the productivity of oil palm plantations in Malaysia, the soil compaction method commonly used in the country carries risks that may be counterproductive to peatland conservation efforts, an Indonesian peatland agency has said.
