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NEWS UPDATES 19 December 2009

Climate Change Summit:
Indonesia urges developed countries to raise grants

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Indonesian President Susilo Bambang Yudhoyono said Friday in Copenhagen that developed countries must increase their environment-related grants for developing countries, reported the Jakarta Post.

“Right now the grants are not enough,” Yudhoyono told a press conference aired by TVOne, a local television broadcaster. “We mentioned the grants should reach $25-35 billion a year in 2012.”

Yudhoyono, who is in Copenhagen to attend the UN Climate Change conference, also said developing countries must continue their efforts to reduce greenhouse gas emissions.

“Indonesia, for example, is committed to reducing its emission by 26 percent by 2020,” he said.

Yudhoyono also urged developed countries to give incentives to developing countries to conserve forests.


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