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Indonesia

JAKARTA, Feb 12 (Bernama) -- Indonesia remains committed to implementing the Reduction of Emissions from Deforestation and Forest Degradation (REDD+) with Norway, Antara news agency reported.

Indonesia remains fully committed although the presidential decree on a moratorium on peat land and natural forest conversion had not yet been signed so far, Vice President Boediono said as quoted by his spokesman, Yopie Hidayat. here on Friday.

Read more: Indonesia Remains Committed To Implementing REDD

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JAKARTA — Indonesia's biggest palm oil producer pledged on Wednesday to follow new standards to protect carbon-rich forests and peatlands, in a move cautiously welcomed by environmentalists including Greenpeace.

Golden Agri-Resources (GAR) and its subsidiary SMART, part of the Sinar Mas group, said it would work with Geneva-based consultancy The Forest Trust (TFT) to ensure its palm oil is sustainably harvested.

"We will not develop plantations on High Carbon Stock (HCS) forests, High Conservation Value forest areas and peatlands," SMART president director Daud Dharsono told reporters.

He said the partnership with The Forest Trust "aims to ensure that the group has a no deforestation footprint".

Scientists believe the destruction of carbon-storing forests is a lead cause of climate change.

Read more: Indonesian palm oil giant vows to save forests

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A Swedish trade mission led by the nation’s Trade Minister Ewa Björling is currently in Jakarta to explore new business opportunities in Indonesia, one of Sweden’s important business partners in Asia.

During her four-day visit to Jakarta, wrapping up on Wednesday, Björling was accompanied by representatives from 23 Swedish companies working on the telecommunications, energy, clean technology and transportation sectors. The firms included telecommunications giant Ericsson, appliances producer Electrolux and truck manufacturer Volvo.

Read more: Swedish trade mission offers green technology

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