Financial governance and Indonesia’s Reforestation Fund during the Soeharto and post-Soeharto periods, 1989–2009: a political economic analysis of lessons for REDD+
This study analyses Indonesia’s experience with its Reforestation Fund, and examines implications for REDD+. The Reforestation Fund (Dana Reboisasi, DR) is a national forest fund financed by a volume-based timber levy to support reforestation and forest rehabilitation. Since 1989, the fund has had receipts of US $5.8 billion. During the Soeharto era, the Ministry of Forestry allocated more than US $1.0 billion in cash grants and loans from the Reforestation Fund to promote commercial plantation development.