30 Sep '16, 10pm

Indonesia exploring new model to fund national parks

Indonesia exploring new model to fund national parks

Indonesia’s cash-strapped environment ministry is looking into establishing a trust fund to support conservation in the heavily forested Southeast Asian nation, using money from foreign donors. The move would bolster a conservation regime whose annual budget parliament recently slashed from 900 billion rupiah to 800 billion rupiah ($69.5 million to $61.9 million). That’s the ministry’s money for managing 550 protected areas spanning a total of 27 million hectares, an area larger than New Zealand. Neighboring Malaysia allocates an average of $20 per hectare per year to manage its conservation areas; Indonesia’s budget is just a fraction of that. “We have partnerships with companies, but that is not enough” to finance conservation, Tachrir Fathoni, the environment ministry’s director for nature conservation, told Mongabay recently, on the sidelines of the IUCN congress in Ho...

Full article: https://news.mongabay.com/2016/09/indonesia-exploring-new...

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