Indonesia needs US$5 billion to halt rainforest destruction

Indonesia needs about US$5 billion in aid to hit its target for reducing emissions, according to the agency set up to protect rainforests and peatlands. nor_indo_rainforet

Norway’s commitment of US$1 billion in 2010 is just the beginning of what is needed in Indonesia, ranked as the world’s third-largest emitter because of its shrinking forests, said Heru Prasetyo, head of the agency for Reducing Emissions From Deforestation and Forest Degradation, known as REDD+.

Read more: Business Times

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