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Indonesian Government May Buy Carbon Offsets from Domestic Forest Conservation

2014-02-27 10:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Ecosystem Marketplace: Southeast Asia has more than 27 million hectares of forested peatland, and peat releases devastating amounts of methane and carbon when drained or burned. Approximately 80% of the world's peatland is in Indonesia, and much of it is slated to be converted to palm oil plantations, thanks to land-use concessions granted well before the decidedly green President Susilo Bambang Yudhoyono took office a decade ago. At the same time, the Indonesian government is implementing a detailed strategy to harness...

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