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The Baker Hughes Foundation has announced a $250,000 grant to The Nature Conservancy to support nature-based climate solutions in sensitive “last chance” ecosystems in Indonesia. The funds will contribute toward reducing carbon emissions and aid in sequestering carbon stocks through the implementation of reduced-impact logging standards and other programs. Indonesia was selected as a location for the grant because it is home to some of the world’s highest biodiversity and provides some of the world’s most cost-effective opportunities for nature-based climate mitigation.
