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Forest initiative hijacked by brokers: Ministry

2014-05-02 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Jakarta Globe: The Forestry Ministrys peoples forest (hutan rakyat) initiative has hit a snag with the ministry finding that an overwhelming number of proposals for joining the program were made by brokers seeking to take advantage of government spending and industry incentives, an official at the ministry has said. Of 2,930 proposals received by the ministry from Oct. 2012 until April 2014, only 110 have been processed, inspected and approved for loans, according to the head of the ministrys financing division...

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