Published and submitted: November 2008
International Forest Carbon Initiative (IFCI)
The international community agreed in Bali that action must be taken now to address deforestation and forest degradation in developing countries and to establish the necessary systems and financial mechanisms to ensure long term emission reductions. The International Forest Carbon Initiative is Australia's contribution to this global effort.
The International Forest Carbon Initiative is a key part of Australia\'s international leadership on reducing emissions from deforestation. The Initiative will support international efforts to reduce deforestation through the United Nations Framework Convention on Climate Change. It aims to demonstrate that reducing emissions from deforestation and forest degradation can be part of an equitable and effective international agreement on climate change.
A central element of the Initiative is its focus on developing practical demonstration activities in our region, particularly in Indonesia and Papua New Guinea. Australia has signed Forest Carbon Partnerships with both Indonesia and Papua New Guinea under the Initiative.