More than 70 million tons of carbon were prevented from being released into the atmosphere under a deforestation emissions reduction scheme in Indonesia – but researchers point out this is only 3 per cent of the total required by Indonesia’s Nationally Defined Contribution (NDC) under the Paris Agreement.
More than 70 million tons of carbon were prevented from being released into the atmosphere under a deforestation emissions reduction scheme in Indonesia – but researchers point out this is only 3 per cent of the total required by Indonesia’s Nationally Defined Contribution (NDC) under the Paris Agreement.
Indonesia is home to the world’s third largest span of tropical rainforest and is one of the largest greenhouse gas emitters – from 2000-2016 it was responsible for around a quarter of global emissions from deforestation, forest degradation, peatland decomposition and fires.
In 2011 Norway began a partnership with Indonesia to reduce carbon emissions from deforestation through a moratorium on granting new licences for palm oil, logging and timber concessions.
The partnership, part of the international framework for Reducing Emissions from Deforestation and Forest Degradation (REDD+) established at COP13, saw Norway pledge $1billion to Indonesia as a performance based payment for carbon emissions reductions in the forestry sector. Under the REDD+ approach Norway committed to pay $5 per ton of carbon if the forest-rich tropical country reduced its emissions from deforestation.
Read more at University of Exeter
Photo Credit: Picography via Pixabay