Forex

Greenpeace showcases the solution to Indonesia’s rapid forest destruction and rising carbon emissions
INDONESIA - Jakarta, October 31 - Greenpeace this morning launched its “Forests for Climate” initiative, the pioneering solution to reduce deforestation, tackle climate change, preserve global biodiversity and protect the livelihoods of millions of forest people.
Forests for Climate (FFC) is Greenpeace’s landmark proposal for an international mechanism to fund sustainable and lasting reductions of emissions from tropical deforestation in participating countries in order to meet commitments for the second phase of the Kyoto Protocol (post 2012).
Taking the first step to match donor countries to real projects in developing forested countries, Greenpeace invited embassies of key donor countries, donor agencies, government officials and governors of several Indonesian provinces, to talk about the FFC initiative and to support a moratorium on any new forest conversion in Indonesia prior to any carbon money flowing.
The well-attended launch took place at Tanjung Priok, Jakarta’s port area, at an event jointly hosted by Rachmat Witoelar, State Minister of Environment of the Republic of Indonesia. “Indonesia’s rampant deforestation and fast rising greenhouse gas emissions have been driven by the lure of short term profit. Greenpeace’s Forests for Climate mechanism is the solution as it places a value on keeping the forests alive”, said Arief Wicaksono, Political Advisor, Greenpeace Southeast Asia.