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Indonesia receives financial aid from Green Climate Fund to address climate change

Release Date:2020-08-28 16:40:30     Source:Xinhua     Author:huaxia

Indonesia has received financial assistance from the United Nations-backed Green Climate Fund to help trim carbon emission output and fight deforestation as the country has been weathering budget pressures amid the COVID-19 pandemic.

Indonesian Minister for the Environment and Forestry Siti Nurbaya Bakar said on Thursday that the country has been granted about 103.8 million U.S. dollars from the reducing emissions from deforestation and forest Degradation (REDD+) program which is backed by the UN forestry conservation scheme to fight climate change.

The minister noted that the funds were in compensation for the success of Indonesia in reducing carbon emission and fighting deforestation.

"Indonesia has got acknowledgement from the global community," she told a virtual press briefing.

Indonesia has been striving to overcome the threat of forest and bush fires this year, and so far there has been no huge fires like the ones happening in the previous years.

Indonesia aimed to trim carbon emission by 29 percent by 2030 and pledged to extend the goal to 41 percent on condition that the country receives international aid.

 

Editor: Galia 

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