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Indonesias world-first regulations concerning the United Nations carbon trading initiative need to be made clearer in order to ensure funding is effectively distributed between central and local governments and communities, Central Kalimantan Governor Teras Narang says .
The carbon-loaded peat-swamp forests of Kalimantan are something of a test case for the UNs Collaborative Program on Reduced Emissions from Deforestation and Degradation in Developing Countries (REDD), which aims to cut carbon dioxide emissions by providing financial incentives to preserve forests.
In early May, the Ministry of Forestry issued a decree on REDD the first of its kind outlining procedures for governments and other parties involved in the initiative.
However, Teras called over the weekend for a more detailed explanation of how funds acquired from the trading scheme would be distributed.
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