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Developing countries are expected to contribute to climate change mitigation efforts by reducing deforestation, with financial compensations for associated economic losses. These losses are due to foregone revenues and limited economic development, all of these labeled “opportunity costs”. Their ...
In 1997, a major financial crisis struct Asia. In the wake of that crisis, the International Monetary Fund and the World Bank provided large loans to the Indonesian government in return for their commitment to implement policy reforms intended to stabilize the economy and rekindle growth. Those r...
The Clean Development Mechanism (CDM) was created under the Kyoto Protocol, in order to help industrialized countries achieve their Greenhouse Gas (GHG) emission reduction targets at a lower cost. A second objective of the CDM is to help developing countries achieve sustainable development. To be...
United Fiber System, Ltd (UFS) seeks to secure financing for a 600,000 tonnes greenfield pulp mill project in South Kalimantan, Indonesia. It will be somewhat unique in Indonesia in that it will source its fiber entirely from sustainably managed plantations and will generate minimal negative impa...
This study analyses the risk assessment and socio-environmental safeguard procedures associated with the financing of pulp mill projects. The type and cost of the fibre source is clearly key to the economic competitiveness of any pulp mill. Nevertheless, investment institutions often carry out on...
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