Gorontalo, Japanese Investors to Manage Forests for Carbon Trading

30 , 2011 | Source: ANTARA News

Gorontalo (ANTARA News) - The Gorontalo provincial administration and a number of Japanese investors plan to cooperate in forest management for carbon trading purposes, the region`s vice governor, Tony Uloli, said here Tuesday.

He said the provincial administration had met with representatives of Kanematsu Corporation, Mitsubishi Research Institute, TAIJU and Kokusai Koyusa to discuss the planned cooperation.

"The team representing the Japanese investors is now visiting Gorontalo for a survey of the conditions of our forests," Tony said.

If the forests still produced carbon in sufficient quantities, the investors would make a carbon trading deal with the provincial government, he said.

The team was now visiting Boalemo and Bone Bolango districts to study the current conditions of forests in the two regions, he added.

Gorontalo province had 401 hectares of conservation forests and 423 hectares of production forests.

"The cooperation with the Japanese investors is expected to be of great benefit to Gorontalo because besides the investment, the province`s forests would be sustainably protected," Tony said.

He was optimistic Gorontalo would make a signiifiant contribution to the efforts to reduce carbon emissions and restore the natural environment.(*)

 

President Joko Widodo (Jokowi) said Indonesia already enters years of low inflation, with inflation around 3 percent in the past two years.
President of the World Bank group, Jim Yong Kim, here on Tuesday expressed his support to the Indonesian governments plan on the tax reform program, which aimed to increase the state budgets income.
President Joko Widodo (Jokowi) plans to visit Turkey to develop partnership in strategic industry and economy with the country, Foreign minister Retno Marsudi said here on Monday at the state palace after a meeting prior to the presidents visit to Turkey and Germany.
Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu