Are Indonesia’s peatland fires worse than burning coal?

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 a bigger problem for the climate than burning coal in Indonesia”.

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While Brazil’s deforestation soars, the Environment Ministry announces cuts in emissions from deforestation

The rate of deforestation in the Amazon increased by 22% between August 2017 and May 2018 compared to the same period the previous year, according to figures published by IMAZON, a non-profit research institute. Forest degradation is up by 218%. In June 2018, deforestation reached an area of 1,168 square kilometres – the highest monthly area since Imazon started monthly deforestation reports in April 2007.

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