Indonesia, Brazil and the Democratic Republic of Congo together hold more than half of the world’s tropical rainforests. In 2022, when Indonesia hosted the G20 summit in Bali, the three countries pledged to cooperate on how to pay to protect those forests. The promise was one of South-South cooperation: developing countries working together rather than […]

The post Indonesia primed to lead a Global South forest protection bloc appeared first on Asia Times.

Every year, the Indonesian government forgoes taxes it could collect. Through tax holidays, rate cuts and exemptions, it courts investment while easing the burden on households and small businesses. Economists call this “tax expenditure” because giving up revenue is another way of spending public money. The Ministry of Finance expects it to reach 564 trillion […]

The post Indonesia should count the real cost of its mineral incentives appeared first on Asia Times.

Two American charities recently announced a new fund to fight forest fires. They want to raise US$100 million to help countries find fires faster and put them out sooner. But the fund, announced at the UN General Assembly, is limited to South America, home to the Amazon rainforest. Southeast Asia is left out, and so […]

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