A new green fund being set up by Indonesia should prioritize protecting its rainforests and creating a carbon trading program to help the country meet its goals to curb climate change, environmentalists and officials said.
Indonesia's Environment Ministry last week launched an agency to manage funds to repair environmental damage and educate communities to prevent further harm.
The agency is due to begin operating at the beginning of 2020 with initial funding of about 2 trillion rupiah ($141 million) from land restoration payments and fines that the state collects from environmental crime cases, as well as money from foreign donors.
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