RI could harvest $15 billion financial incentives annually from REDD: Expert

Indonesia could harvest about US$15 billion (Rp 150 trillion) of financial incentives per year from carbon trading through avoiding forest emissions, a climate expert said. Climate researcher from the Center for International Forestry Research (Cifor) Daniel Murdiyarso said that the implementation of reducing emission from deforestation and forest degradation (REDD) scheme would give double benefits to Indonesia of financial incentives and curbing long standing illegal logging. about US$15 billion (Rp 150 trillion) of financial incentives per year from carbon trading through avoiding forest emissions, a climate expert said. Climate researcher from the Center for International Forestry Research (Cifor) Daniel Murdiyarso said that the implementation of reducing emission from deforestation and forest degradation (REDD) scheme would give double benefits to Indonesia of financial incentives and curbing long standing illegal logging.