Australia supports land, forest management in Southeast Asia with new US$371 million partnerships

Australian Minister for Foreign Affairs, Senator Marise Payne, announced new climate investments to leverage up to A$500 million (US$371 million) for two climate-related partnerships. The partnerships will support Southeast Asian countries in adapting to climate change through improved management of agriculture, land, and forests. 

One investment of A$13 million (US$10 million) will leverage private sector investment into a sustainable forestry fund in Southeast Asia. 

Separate assistance will be provided to design an Asia Climate Smart Landscape Fund for Indonesia, which will support loans to small- and medium-sized enterprises for sustainable agriculture forest protection, and land regeneration. 

Press release - Minister for Foreign Affairs