Scientists sound warning on forest carbon payment scheme

Christopher Barr, a former CIFOR researcher, pointed to financial mismanagement and outright fraud in Indonesia’s Reforestation Fund as an example. He noted that during former Indonesian President Soeharto’s reign the country’s Reforestation Fund suffered losses of more than $5.2 billion – much of it to corruption and fraud. Although the current administration has taken steps to improve financial controls, hHundreds of millions more have been misappropriated or wasted on poorly managed projects in recent years.

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