Norway to provide Indonesia with $1 billion to protect rainforests

Norway will provide up to $1 billion to Indonesia to help reduce deforestation and forest degradation, reports The Jakarta Post. The agreement comes two years after Norway pledged $1 billion to Brazil for reducing Amazon deforestation. Norway has also committed funds to Guyana, Tanzania, and six Congo Basin countries under its International Climate and Forest Initiative, which allocates 3 billion krone per year to forest conservation, mostly in the tropics.

To view the article //news.mongabay.com/2010/0519-norway_indonesia.html

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