Mongabay.com report that Indonesia has accepted $1 billion from Norway to help stop deforestation, which held the condition of a 2 year moratorium on new forest concessions.

This is fantastic news for our expedition. It means that there is virtually zero chance of the area we are researching and trying to protect being damaged within the next two yearsm which gives us plenty of time to produces our reports and get back to the area to do more research. According to Mongabay.com:

‘With one of the highest rates of deforestation in the world, the world’s third largest greenhouse gas emissions due mostly to forest loss, and with a rich biodiversity that is fighting to survive amid large-scale habitat loss, Indonesia today announced a deal that may be the beginning of stopping forest loss in the Southeast Asian country. Indonesia announced a two year moratorium on granting new concessions of rainforest and peat forest for clearing in Oslo, Norway, beginning in January 2011, however concessions already granted to companies will not be stopped. The announcement came as Indonesia received 1 billion US dollars from Norway to help the country stop deforestation.

Courtsey of Mongabay.com

“Indonesia is prepared to suspend for two years new concessions for the conversion of peat and natural forest lands,” said a statement from Indonesia as reported by Reuters. “Sufficient non-forest lands exist for Indonesia to accommodate the growth of its vitally important plantation industries, a major source of livelihoods in Indonesia.” Plantation expansion, including palm oil and pulp-and-paper, will focus on lands that are already degraded.

Read more at www.mongabay.com

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Indonesia announces moratorium on granting new forest concessions
Jeremy Hance
mongabay.com
May 28, 2010

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With one of the highest rates of deforestation in the world, the world’s third largest greenhouse gas emissions due mostly to forest loss, and with a rich biodiversity that is fighting to survive amid large-scale habitat loss, Indonesia today announced a deal that may be the beginning of stopping forest loss in the Southeast Asian country. Indonesia announced a two year moratorium on granting new concessions of rainforest and peat forest for clearing in Oslo, Norway, beginning in January 2011, however concessions already granted to companies will not be stopped. The announcement came as Indonesia received 1 billion US dollars from Norway to help the country stop deforestation.

“Indonesia is prepared to suspend for two years new concessions for the conversion of peat and natural forest lands,” said a statement from Indonesia as reported by Reuters. “Sufficient non-forest lands exist for Indonesia to accommodate the growth of its vitally important plantation industries, a major source of livelihoods in Indonesia.” Plantation expansion, including palm oil and pulp-and-paper, will focus on lands that are already degraded.