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Indonesia may seek rainforest conservation compensation to fight global warming
mongabay.com
November 16, 2006




Indonesia may soon join the Coalition of Rainforest Nations in seeking compensation for rainforest conservation, according to a report from the International Tropical Timber Organization (ITTO), a timber industry group.

ITTO said that Dadang Hilman, a member of the Indonesian delegation at the United Nations Framework Convention on Climate Change (UNFCCC) in Nairobi, Kenya, was considering an invitation to join the coalition, which currently counts 15 member nations. The group, founded by Papua New Guinea, has proposed a rainforest compensation fund financed by industrialized nations seeking to mitigate greenhouse gas emissions. Member countries would be paid based on the amount of deforestation they were able to prevent. The World Bank and the U.N. have recently voiced support for the plan which could potentially bring billions of some of the world's poorest people while helping to fight climate change and protecting biodiversity.

Indonesia has the world's second highest annual loss of forest cover after Brazil, but deforestation in the country has a disproportionate impact on global warming due to its peat forests which store large amounts of carbon. By some estimates, the destruction of these ecosystems releases 2 billion metric tons of carbon dioxide a year -- about ten percent of world greenhouse gas emissions from human activities. Fires in the peat ecosystems also release a cloud of smoke that causes pollution across southeast Asia.

Deforestation in Indonesia mostly results from agricultural clearing -- especially for oil palm plantations -- and logging, much of which is illegal.


Oil palm plantations in and around Tanjung Puting National Park in Kalimantan, Indonesian Borneo Satellite image courtesy of Google Earth. (click image to enlarge)
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This article used information from previous mongabay.com articles, a news release from University of Wyoming, and a Reuters report.



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CITATION:
mongabay.com (November 16, 2006). Indonesia may seek rainforest conservation compensation to fight global warming. http://news.mongabay.com/2006/1116-indonesia.html


Tags:
asia rainforests saving rainforests rainforest conservation carbon finance carbon sequestration global warming mitigation forests deforestation threats to the rainforest Rainforest deforestation indonesia climate science climate change green

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