Safeguards and Climate Finance in Indonesia in the Context of REDD

Indonesia has the third largest tropical forest area on earth. In 2009, Indonesia’s President, Susilo Bambang Yudhoyono, made an extraordinary commitment to play a significant role in global efforts to prevent climate change by announcing that Indonesia would cut greenhouse gas emissions 26% by 2020 and, if sufficient international support were available, would make emissions cuts of up to 41%. This has served to place Indonesia at the heart of a range of international climate finance efforts designed to provide support for a reduction in deforestation rates. As a result, a wide range of REDD+ “readiness” pilot projects and forest conservation efforts supported by the World Bank Group, other multilateral, bilateral and private funds have begun to operate in Indonesia. The ultimate impact of potentially significant flows of international finance to Indonesia in support of reducing deforestation, however, is likely to depend upon whether sufficient attention is paid to the design, implementation, and enforcement of robust and stringent social, environmental, transparency and governance safeguards.
This panel will explore various existing and proposed multilateral, bilateral and privately-funded REDD+ and forest conservation efforts in Indonesia.
 
Panelists
Pol Vandevoort (11.11.11, Belgium)
Titi Soentoro (NGO Forum on the ADB, Indonesia)
Risma Umar (Solidaritas Perempuan, Indonesia)
John Crutcher (due diligence specialist/private equity attorney)
Stephanie Fried (Ulu Foundation, Hawaii).
  
Respondents
Benoit Bosquet (Lead Carbon Finance Specialist, WB)
Susanne Breitkopf (Greenpeace)
Nadia Hadad (BIC)
Anne Perrault (CIEL)
  
This event is a cooperation of the Heinrich Boell Foundation, the Ulu Foundation, and 11.11.11.
 
Accredition is needed for access to the World Bank. Please contact Liane Schalatek for more information: Liane.Schalatek@us.boell.org