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Indonesia, Brazil subsidizing forest loss far more than REDD+ slows it

2015-04-01 17:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: International aid to protect forests in Indonesia and Brazil pales in comparison to domestic subsidies for commodities driving deforestation there, according to a new report by United Kingdom-based think tank Overseas Development Institute (ODI). If the countries received an average of $1 billion each year via the Reducing Emissions from Deforestation and Forest Degradation (REDD+) scheme, their annual agricultural and biofuel subsidies for just four commodities associated with forest loss palm...

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