Forest

Carbon Credit for The Wall Street Journal

Images (including outtakes) from recent assignment about Carbon Credit for The Wall Street Journal in Kalimantan (Indonesian Borneo).

 Grids of palm oil plantations in Central Kalimantan as seen from the air. In the last decades, Kalimantan (Indonesian part of Borneo) has lost significant proportion of its forest due to illegal logging and palm oil businesses.
 Early morning in Mendawai, a village at the bank of Katingan river. Mendawai is among the villages which benefited from the presence of PT Rimba Makmur Utama.
 Portrait of Riska Asmaul Lifa (left) and Halisa (right), villagers from Mendawai who are benefited from Katingan Mentaya Project's micro credit program.

Exceprt from original text by Jon Emont.

Eleven years ago Dharsono Hartono, a former JPMorgan Chase & Co. banker, spotted what he thought was a new way to make a fortune: climate change. The plan was to snap up rain forest in Borneo, preserve it from logging and sell carbon credits to big polluting companies in the developed world. The earth’s temperature was rising, and this was a way to profit by confronting the problem.

 The canal that connects Mentaya and Katingan River. The land of PT Rimba Makmur Utama located between these two rivers.
 A wooden walkway installed by PT Rimba Makmur Utama in the forest at Hantipan. This walkway, which is useful for observation and firefighting missions, so far already extends for three kilometers.
 Portrait of Meyner Nusalawo, Protection and Enforcement Manager of PT Rimba Makmur Utama.

His bet has been on what some investors hope will be the most profitable outcome of a warming climate: government regulation of carbon emissions. Those who correctly anticipate future government responses to climate change are likely to reap profits.

Mr. Hartono went in big. His company’s rain forest, a humid and swampy expanse home to orangutans and clouded leopards, is twice the size of New York City and has one of the largest carbon stores of any such project in the world.

But the carbon windfall never arrived.

 A camera trap is installed inside the forest in Hantipan. It has succesfully recorded many species such orangutan, clouded leopard, bear, and etc.
 Portrait of Agus (left) and his friend during a firefighting drill at a guard house near peat swamp forest of PT Rimba Makmur Utama.
 Portrait of Juhrani who had just learn how to climb coconut tree to collect the sap for making coconut palm sugar. PT Rimba Mamkur Utama runs a program where the local community can learn of how to make coconut palm sugar to increase the value of the local commodity.
 View of Mentaya River in Central Kalimantan.
 Aerial view of the forested area by the riverbank in Central Kalimantan.