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Peatland News

Title: VP to Promote Peatland Investment at UN General Assembly
Date: 25-Sep-2016
Category: Indonesia
Source/Author: The Jakarta Globe
Description: Jakarta. The government will promote investment in peatlands at the sidelines of the 71st United Nations General Assembly in New York in mid-September.

Jakarta. The government will promote investment in peatlands at the sidelines of the 71st United Nations General Assembly in New York in mid-September.

Vice President Jusuf Kalla will meet several investors to discuss investment opportunities in Indonesia's peatlands.

"Peatland restoration has to be promoted from the investment side; the business. It has been planned, invitations have been sent to potential investors," the vice president's secretary M. Oemar said in Jakarta on Thursday (25/08).

Oemar added that the peatland investments have to be supported by simplified regulations, which the Peatland Restoration Agency ( BRG) is currently discussing with various ministries.

"I think there will be [new regulations].  BRG chairman Nazir Foead is discussing them with the Ministry of Environmental Affairs and Forestry and related institutions. I think it is needed to facilitate the investments. Our goal is to improve the forests and restore the land without the use of state budget," Oemar said.



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