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Environmental, Campaign & Website News > Indonesia to establish rainforest trust fund

Indonesia to establish rainforest trust fund

Date : 30th March 2010, Source : Mongabay

Indonesia is preparing to establish a trust fund to reduce deforestation, reports the Jakarta Globe. The National Forest Trust Fund, which will be raised by the Ministry of Forestry from foreign donors, would be an expansion of a pilot initiative established last year in a debt-for-nature swap between Indonesia and the United States, according to Hadi Daryanto, director general of forest production at the Ministry of Forestry. The money, which would be managed by an independent group, would finance conservation projects and promote sustainable forest management.

Document last updated on Wednesday 01 August 2018

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