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Emerald Planet Asia Forestry & Biofuels is currently coordinating the establishment of a Private Investment Program in Reforestation with an initial target of US$50 million to be expanded over 5 years. EPA is also developing ‘energy farming’ models to support its commitment to clean energy. While Indonesia is currently Asia’s only member of OPEC, as a net importer of oil since 2004 the paradigm of energy is shifting, and there is increasing opportunity for renewable energy projects. Through a combination of biofuel nurseries, company and community plantations on deforested and degraded land, EPA aims to alleviate Indonesia’s reliance on fossil fuels while at the same time providing sound return for investors and significant economic opportunities for local communities. |
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