Indonesia implements moratorium on deforestation

09:32, May 20, 2011      

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Indonesian President Susilo Bambang Yudhoyono on Thursday signed a presidential order to stop issuing permit to convert primary forest and peatland into farmland for the next two years.

The new policy was made in accordance with the agreement between Indonesia and Norway to implement a moratorium on deforestation under the one billion U.S. dollars scheme signed in May 2010.

Indonesia has pledged to cut carbon emission by 26 percent by 2020 and to lift the target to 41 percent with international assistance.

To offset the impact of the new policy, the government has provided over 35 million hectares secondary forest for conversion to plantation.

Source: Xinhua
 
 
     
 
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