According to a statement issued by the Center for International Forestry Research (CIFOR), in the near future, advanced nations would be awarding funds reaching up to US$30 billion or Rp270 trillion annually, to developing counties, to support them implement the REDD+ program that deals with deforestation.
The REDD+ (Reducing Emission from Deforestation and Forest Degradation Plus) is a global project that aims to reduce emission and deforestation and forest degradation. Countries around the world are also implementing the project to conserve and manage forest and to increase carbon-reserves.
On Monday, Budhy Kristanty, the spokesman of CIFOR said, “The potential funds flow from developed countries to developing nations for REDD+ programs is quite huge, reaching 30 billion US dollars,” He also added, “Indonesia has become an early participant in various bilateral and multilateral initiatives to prepare the implementation of REDD+ at the national level.”
A CIFOR conference on the future of Indonesian forests and the climate change was held in Jakarta on September 27. It discussed the implementation of the REDD+ program at a national level. The one-day conference was entitled “Forests Indonesia: Alternative futures to meet demands for food, fiber, fuel and REDD+”.