5.4-magnitude quake hits Pesisir Barat in Lampungprovince 16th January 2021
Screenshot - BMKG’s application shows the location of the earthquake in Pesisir Barat district, Lampung province, on Saturday (January 16, 2021). (ANTARA/Ruth Intan Sozometa Kanafi) Bandarlampung, Lampung (ANTARA) - A 5.4-magnitude earthquake hit Pesisir Barat district, Lampung province, on Saturday evening, but no tsunami warning was issued, according to the Meteorology, Climatology and Geophysics Agency (BMKG) office in Lampung.
The epicenter of the quake, which struck at 4.26 p.m. local time, was located in the sea, 145 kilometers south of Kru city, Pesisir Barat district, at a depth of 43 kilometers, coordinator of the BMKG office s data and information section, Rudi Hartanto, said.
After more than a decade of working toward qualifying for payments under the REDD+ (Reducing Emissions caused by Deforestation and Forest Degradation) scheme, Indonesia received its first results-based financial rewards last year.
REDD+, a policy initiative recognized under the U.N. Paris Agreement in 2015, was created as a way to provide incentives to conserve tropical forests and curb planet-warming greenhouse gases that are emitted when they are cut down.
Initially, it was conceived as a market-based means for industrialized countries to pay forest-rich countries for their emissions reductions and contributions to meeting overall global climate targets through financial credits.
Indonesia applied to receive REDD+ results-based payments (RBP) based on data illustrating its efforts to curb emissions under terms detailed in an Indonesia-Norway bilateral partnership and the GCF.