Want Us to Stop Deforestation: Pay Up
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JAKARTA (Reuters) - Indonesia wants to be paid $5-$20 per hectare not to destroy its remaining forests, the environment minister said on Monday, for the first time giving an actual figure that he wants the world’s rich countries to pay.
Participants from 189 countries are expected to gather in Bali for global climate talks at a U.N.-led summit in December.
They will hear a report on Reduced Emissions from Deforestation (RED) — a new scheme that aims to make emission cuts from forest areas eligible for global carbon trading.
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