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Environmental, Campaign & Website News > US to reduce Indonesian debt by $30 million in exchange for forest protection

US to reduce Indonesian debt by $30 million in exchange for forest protection

Date : 30th June 2009, Source : Minneapolis Star Tribune



JAKARTA, Indonesia - Indonesia committed to the conservation of its dwindling tropical forests in a multimillion dollar debt-swap deal signed Tuesday with the American government, the U.S. Embassy said. Jakarta's payments to Washington will be reduced by $30 million over the next eight years under the U.S. Tropical Forest Conservation Act, the embassy said in a statement.

http://www.startribune.com/world/49504582.html





Document last updated on Tuesday 30 August 2011

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