Indonesia confirms that carbon emissions from deforestation declined in 2017.
When the emission figures are independently verified, Norway will guarantee payments to Indonesia for approximately 4.8 millions tons of CO2.
This will be the first payment for reduced emissions during the climate and forest partnership between the two countries that started in 2010.
In 2010, Norway pledged to support Indonesia with up to 1 billion USD depending on results.
Norway will guarantee payment for a portion of the available tons. Norway will not use emission reductions from Indonesia to offset its climate commitments….
An excerpt from Norway in Indonesia