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Forestry official: Indonesia should extend moratorium on new forest concessions

2013-01-15 20:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Despite opposition from the powerful palm oil industry, Indonesia should extend its two-year moratorium on new logging and agricultural concessions in carbon-dense peatlands and forests, said a top forestry official. Indonesia's moratorium, which is set to expire this May, was signed in 2011 under a $1 billion climate change mitigation agreement with Norway. The moratorium has made 14.5 million hectares of peatlands and forests off-limits to new concessions. It aims to encourage agricultural expansion...

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