Indonesia to forge voluntary deals on emission
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Indonesia's Forestry Minister Zulkifli Hasan said he saw no promising future for any deal regarding reducing emissions from deforestation and degradation (REDD) ahead of the upcoming climate talks in Mexico, prompting his office to aim to forge voluntary pacts with rich nations, the Jakarta Post reported on Monday.
As of September, the ministry has signed voluntary agreements with several countries for a total of 45 projects dealing with REDD, which in the end aimed to slash emissions from the forestry sector.
From these 45 projects, the Forestry Ministry, Indonesia's focal point for forest affairs, would receive up to 3 billion rupiah (336,000 U.S. dollars) in grants this year.
In addition, Indonesia and Norway signed a 1 billion U. S. dollars deal in May, which is also focused on emissions reduction through halting forest and peat land clearing.
Zulkifli said voluntary deals were in fact less desirable since the price of the carbon reduction would be far lower compared to deals under the legally binding scheme.
