1) Indonesia is committed to reducing its greenhouse gas emissions by 26-41% below business as usual levels by 2020 through reducing emissions from forestry and peatlands, which account for over 60% of its emissions. 2) Indonesia signed a letter of intent with Norway in 2010 to support REDD+ through $1 billion in payments based on verified emissions reductions. 3) Indonesia has moved from the preparation phase of REDD+ to the transformation phase, establishing institutions and frameworks and formulating provincial action plans to mainstream REDD+ into development planning and implement strategic initiatives through a REDD+ agency.
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