ABSTRACT

In the midst of the seesawing Reducing Emissions from Deforestation and Forest Degradation (REDD) negotiations and country positions, REDD funds are beginning to flow. In addition to UN and World Bank funds, there are bilateral financial agreements too. Chief among these is the agreement signed in May 2010 between Norway and Indonesia. Under the US$1 billion deal, Indonesia, among other activities, has pledged to stop issuing new permits to exploit natural forests and carbon peat land areas. 2 Forest civil society organizations, both globally and in Indonesia, claim that this is a game changer.