Australia commits millions to Indonesia's deforestation ban

Updated June 23, 2010 10:25:42

Environment groups are warning that the logging moratorium in Indonesia will have little impact unless it includes forestry and palm oil concessions. The Indonesian government recently announced a two year ban on deforestation, in exchange for one billion dollars from Norway but existing oil palm contracts will be exempt. The deal is part of an initiative known as REDD - Reducing Emissions from Deforestation or Degradation. In a smaller but similar deal, Australia has committed 120 million dollars to two REDD pilot projects in Indonesia.

Presenter: Jennifer Macey
Speakers: Neil Scotland, coordinator of the Indonesia-Australia Forest Carbon Partnership