Indonesia

Indonesia states that the adoption of a single definition for deforestation is  essential to ensure the fairness of providing incentive for developing nations.  Voluntary actions eligible for compensation should include enrichment  planting in secondary forests, emissions reductions through avoided  conversion of forest, emissions reductions through combating illegal logging  and fires, and conserving carbon through forest conservation.

Reference levels for generating credits would be two-fold. The reference  level for unplanned activities is derived from a national historical baseline  over a predetermined period. Unimplemented planned activities would use  a baseline set according to the carbon stock existing at the start of the REDD  commitment.

Indonesia, like CfRN, defines three distinct phases of activity which would  require three separate financial resources. Readiness activities would  leverage ODA through bilateral and/or multilateral channels. A transition  phase would use both ODA and voluntary based funding mechanisms and  transition to a pre-2012 market. A post 2012 agreement would use a market  based approach including domestic, regional or international emissions  markets, accompanied by deeper targets for Annex I Parties.