{"id":27460,"date":"2024-02-15T23:58:44","date_gmt":"2024-02-15T23:58:44","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=27460"},"modified":"2024-02-15T23:58:44","modified_gmt":"2024-02-15T23:58:44","slug":"ri-norway-start-process-of-4th-funding-of-deforestation-cut","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2024\/02\/15\/ri-norway-start-process-of-4th-funding-of-deforestation-cut\/","title":{"rendered":"RI, Norway Start Process of 4th Funding of Deforestation Cut"},"content":{"rendered":"

JAKARTA \u2013 Indonesia and Norway have started a performance-based funding for reduction of greenhouse emissions from cutting deforestation in Indonesia during the period of 2019-2020.<\/p>\n

\"\"<\/p>\n

\u201cWe\u2019ve just discussed about the beginning of the 4th<\/sup> result-based contribution or payment as a reward for Indonesia for its good performance in reducing deforestation, or REDD+,\u201d Environment and Forestry (LHK) Minister Siti Nurbaya told the press in Jakarta on Monday (12\/02\/2024).<\/p>\n

She said that her meeting on Monday with Norway\u2019s Ambassador to Jakarta, Rut Kruger Giverin marked the start of the process of the 4th result-based payment, which is expected to be finalized in September this year. \u201cWe expect the disbursement of the funding by the end of this year or early next year,\u201d she said.<\/p>\n

According to her, the process will be concerned with verification and recalculation of emissions. \u201cActually, for us the main issue is not about the money, but the Norway\u2019s recognition that Indonesia has realized a good performance in mitigating climate change impact. I think that is the most important for us,\u201d said Siti.<\/p>\n

During the occasion Norwegian Ambassador Rut said that they are proud of the collaboration with Indonesia in mitigating carbon emissions.<\/p>\n

\u201cIndonesia has shown to the world that it has led by example on how to cut emissions through the reduction of deforestation. It\u2019s something that should be recognized globally,\u201d she said.<\/p>\n

In October 2022, Norway had realized its first payment based on Indonesian performance at a total of US$56 million or around Rp876 billion. In December 2023, Norway also realized the 2nd such payment at a total of US$100 million our around Rp1.56 trillion. Then the third such payment at US$156 million or around Rp2.4 trillion was realized in January this year. The funding is a follow-up step to the cooperation agreement signed by Indonesia and Norway in 2022. (*)<\/p>\n

Source: sawitindonesia.com<\/a><\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

JAKARTA \u2013 Indonesia and Norway have started a performance-based funding for reduction of greenhouse emissions from cutting deforestation in Indonesia during the period of 2019-2020.<\/p>\n","protected":false},"author":1,"featured_media":27462,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":70,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","footnotes":""},"categories":[3708,3709],"tags":[],"class_list":["post-27460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\nRI, Norway Start Process of 4th Funding of Deforestation Cut - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"Indonesia has shown to the world that it has led by example on how to cut emissions through the reduction of deforestation. 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