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Indonesia to receive first payment from Norway under the 2010

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  • 18 Feb 2019
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Norway Starts Payments to Indonesia for Cutting Forest Emissions

Almost a decade after Norway signed a $1 billion deal with Indonesia to help protect its tropical forests, the first payment for reduced emissions will be made after deforestation rates fell, environmentalists and government officials said. Indonesia imposed a moratorium on forest-clearing under the 2010 climate deal, with payments linked to the Southeast Asian nation’s progress on lowering planet-warming emissions from felling trees, which release carbon when they rot or are burned. Indonesia confirmed last week that carbon emissions from deforestation declined in 2017. Once independently verified, payments for about 4.8 million tonnes of avoided emissions will be made, the Norwegian embassy statement said. No details were provided on the payment amount, although green groups estimate the figure to be about $20 million. New measures introduced by the Indonesian government, including a ban on destroying primary forests and peatlands, and limiting palm oil expansion were critical, said Norwegian Climate and Environment Minister Ola minister Elvestuen.

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Reuters