On 16 February 2019 in Jakarta, Norway’s Minister of Climate and Environment, Ola Elvestuen, and Indonesia’s Minister of Environment and Forestry, Siti Nurbaya Bakar, announced that Norway is planning to make a payment for reduced emissions from deforestation to Indonesia.
Earlier this week, REDD-Monitor wrote about a 2,800 square kilometre oil palm plantation that threatens a huge area of forest in the district of Boven Digoel in the east of Papua Province. REDD proponents are silent on how REDD could stop this destruction and to prevent the setting off of a deforestation carbon bomb.
In April 2007, the governors of Aceh, Papua and West Papua held a summit in Bali, backed by the World Bank. They offered to stop deforestation in return for international carbon financing. Dorjee Sun’s company Carbon Conservation was going to trade the carbon credits.
Harold Tjiptadjaja is Managing Director and Chief Investment Officer of Indonesia Infrastructure Finance, an institution created by the World Bank, the Asian Development Bank, and Indonesia’s Ministry of Finance. IIF funds oil and gas projects, airports, toll roads, seaports, and power generation, among other things. This week Eco-Business reported Tjiptadjaja as saying that “Deforestation poses…