Abstract

Environmental issues have become a fairly important topic of discussion in the last few decades. These environmental issues have attracted a lot of attention from local to global levels. REDD + contains measures designed to reduce greenhouse gas emissions due to deforestation and forest degradation in the presence of financial incentives. In environmental diplomacy between Indonesia and Norway, the REDD + scheme aims to reduce pollution levels according to targets and within a certain time period. In analyzing Norway's environmental policy and its involvement in global environmental cooperation, market-based environmental policy instruments can be used. In market-based environmental policy instruments there is a carbon trading mechanism to evaluate the REDD + mechanism in 2015-2020. REDD + implementation in Indonesia is carried out with the existence of a carbon market that uses a cap and trade mechanism, which results in the form of carbon credits that can be disbursed into financial incentives. The funds can be used to reduce deforestation and forest degradation, as well as for the conversion of peatlands in Indonesia.

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