Indonesia is ready for a 40 percent cut in greenhouse gas emissions by 2030

In most countries, the CO2 emissions are caused by coal-fired power plants and the burning of fossil fuels. In Indonesia, four-fifths of the emissions come from the degradation of peatland and the logging of forest cover. However, if the country receives international support, it is ready to slow down the cutting of its trees, pursue reforestation and protect peatland areas. Preserving forests is cheap compared with cutting emissions from industry and electricity generation, the Financial Times reports. According to the newspaper, Indonesia has held out a conditional promise of a 40 percent cut in greenhouse gas emissions by 2030, compared with 2005 levels. The promise would be a far more ambitious target than other developing countries have considered and on a par with the most ambitious rich nations. Next week, Indonesia is expected to release a draft strategy on reducing emissions, ahead of December's climate change conference in Copenhagen, the Financial Times reports.