PUBLICATION: Indonesia and US Announce US$28.5 Million Debt Swap for Forest Conservation in Borneo

Source : WWF – September 29, 2011

The governments of Indonesia and U.S. today signed a debt-for-nature swap agreement worth $28.5 million to support forest conservation and climate change mitigation efforts in Kalimantan (Indonesian part of the island of Borneo). WWF and The Nature Conservancy (TNC) will join the two governments to implement this unique forest and climate support program.

Debt-for-nature swap is a debt reduction mechanism to finance biodiversity and tropical forest conservation program and is authorized under the U.S. government’s Tropical Forest Conservation Act. The agreement will direct financing toward tropical forest conservation, climate change mitigation and sustainable development
activities in Kalimantan. The swap will fund projects in three Districts in Kalimantan: the Kapuas Hulu district (in West Kalimantan Province) and Kutai Barat and Berau districts (in East Kalimantan Province). Commitment from the three local governments to work closely with civil society to conserve large areas of carbon-rich
forest and biodiversity has qualified them as focal areas for implementation of TFCA2 programs.

Implementation of the program is through a multi-stakeholder approach, whereby particularly civil society is the key implementor of activities. The swap will be facilitated by a local administrator which will be determined at a later point.

“Partnership by the two countries through the TFCA2 Program will contribute to the commitment of Indonesian Government on forest and biodiversity conservationas well as to reduce green house gas emission outlined in the Strategic Plan of the Ministry of Forestry,” said Darori, the DG of Forest Protection and Nature Conservation, Ministry of Forestry.

Ade Soekadis, Acting Director TNC Forest Program Indonesia said, “The Nature Conservancy supports sustainable development in Berau Districts in the framework of Berau Forest Carbon Program (Program Karbon Hutan Berau). TFCA2 is expected support low carbon development and therefore help the livelihood of communities in Berau District, which at the end contribute to reduce carbon emission up to 41 percent while at the same time maintain economic growth at 7% by 2020.

“This TFCA2 agreement is a huge step forward in efforts to save one of the world’s richest forest ecosystems. As a multi stakeholder program whose governance will be overseen by governments and civil society, WWF-Indonesia is very proud to be part of this agreement. The swap will fund projects that benefit the civil society as well as engage them as implementors of the program in the Heart of Borneo, something that WWF is proud to promote” said Dr. Efransjah, CEO of
WWF-Indonesia.

Notes to Editor
Photo of the signing ceremony today can be downloaded at the following link with copyright WWF-Indonesia/Saipul Siagian
http://www.mediafire.com/?e4kbkiaf9w986gi

* Kalimantan, or Indonesian part of Borneo, is a rich-biodiversity area, home to 15,000 flowering plants, over 210 mammals species -40 of them endemic, such as orangutan, gibbons, clouded leopard, etc. Between 1984 to 2000 at least 361 new species were discovered in Kalimantan.
* Kalimantan also diverse in culture, it is home to over 200 languages being used by hundreds of ethnic groups. Sustainable use of forests influence the live of the local community whose life depends on forests as their source of foods, clean water, medicines and housing materials.
* The Heart of Borneo is a trilateral program of the governments of Indonesia, Malaysia and Brunei. Since 2007, the three governments have collaborated to achieve conservation and sustainable development across the 22 Million hectares of forests in the Heart of Borneo.
* Tropical Forestry Conservation Act 2 (TFCA2) Program covers:
o Investment in biodiversity conservation that globally, nationally, and locally important, including environmental services and wildlife corridor program.
o Strengthened the role of local communities around forest areas by improving their access to forest resource use. Develop activities to reduce emission from deforestation and forest degradation, including to support implementation of demonstration activities REDD+
o Develop lesson learn to implement or adopt similar program in other areas.
o Enhance the capacity of partners in management of forest resource

Contact:
1. Kemenhut: Ir. Puspa Dewi Liman, MSc, Deputy Director for Environmental Services, The Directorate General of Forest Protection and Nature Conservation, Ministry of Forestry, pdliman@gmail.com
2. WWF-Indonesia: Nazir Foead, Conservation Director, WWF-Indonesia, email: nfoead@wwf.or.id
3. TNC: Ade Soekadis, Acting Director Forest Program TNC Indonesia, email: asoekadis@tnc.org

Link : http://www.wwf.or.id/en/?23260/Pemerintah-Indonesia-dan-Amerika-umumkan-Debt-Swap-senilai-US-285-juta-untuk-konservasi-hutan-di-Kalimantan

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