JAKARTA: Indonesia and Norway signed a deal Monday to reward deforestation reduction months after the collapse of a similar $1-billion agreement that was part of a UN-backed global initiative criticised for its ineffectiveness.Protecting trees is key to meeting climate goals but environmentalists blame Indonesia -- home to the world’s third-largest rainforest area -- for a deforestation free-for-all by allowing companies to clear land for new plantations.Jakarta claims it has made progress by reducing the rate of primary forest loss for five straight years and Oslo will now reward it with “results-based contributions” for cutting emissions, Norway’s ministry of climate and environment said i
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