JAKARTA POST – At the Oslo Climate and Forest Conference, the Indonesian and Norway governments had signed a partnership agreement on Reducing Emissions from Deforestation and Forest Degradation (REDD) with an immediate two-year moratorium. The deal signed with Norway aimed at mitigating greenhouse gas emissions earnings worth US$1 billion. President Susilo Bambang Yudhoyono pledged that the two-year moratorium would not affect the current palm oil industry, which means business as usual. Read More
