Indonesia agrees to curb commercial deforestation
28 May 2010
Indonesia has declared a two-year moratorium on clearing natural forests as part of a billion-dollar deal aimed at reviving efforts to fight climate change.
The deal, signed yesterday at a climate conference in Oslo, is open to other countries and would tie the $1 billion in funding to “verified emissions reductions” as part of the United Nations-backed effort known as Reduced Emissions from Deforestation and Forest Degradation, or REDD.
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