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In new climate deal, Norway will pay Indonesia $56 million for drop in deforestation, emissions

JAKARTA Norway has agreed to pay Indonesia $56 million in a climate agreement between the two countries, as Indonesia has succeeded in reducing carbon dioxide emissions by preserving its vast tropical rainforests. The contribution agreement, signed Oct. 19 by both governments, is a follow-up to both countries’ new climate deal, which was struck on […]

Contribution Agreement Concluded: Norway Delivers US$ 56 Million In Results-Based Support For Indonesia s FOLU Net Sink 2030 Climate Goals

The Contribution Agreement, following the signing of the Memorandum of Understanding (MoU) between Indonesia and Norway (Partners) in September 2022, was signed on October 19th by Rut Krüger Giverin, Ambassador of Norway to Indonesia, and Djoko Hendrat.

Indonesia, Norway ink emission reduction agreement

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