Multiple developments regarding biodiversity offsets in Indonesia

Developing offsets programs in Indonesia are strongly focused on carbon, particularly Reducing Emissions from Deforestation and Degradation (REDD). However, with deforestation from the forestry and oil palm industries affecting charismatic animals like the orangutan, some non-profit, government, and multilateral organizations have identified an opportunity to use offsets with a specific focus on biodiversity.11,12 In addition, Indonesia’s ‘ecosystem restoration’ license, which allows license-holders to restore previously logged forest concessions and develop carbon or REDD credits, could form the basis for future biodiversity offset projects.

Program Statistics

Date Established: Status: In-Progress Program Type: One-Off Offset
About the program:
Annual size of program (area): (acre) Year of Data:
Cumulative size of program (area): (acre) Years of Data: -
Annual payments of program (US$): Year of Data:
Cumulative payments of program (US$): Years of Data: -
Notes on program size or payments:
Species or habitat types (if applicable):
Notes: Orangutan Land Trust, “Orangutan Land Trust,” http://www.forests4orangutans.org/about/
Bank regulator information: Last Updated: October 4, 2010