Indonesia passed a two-year moratorium law on concessions which should protect almost half of its forests

Coat of Arms of Indonesia

The President of Indonesia Susilo Bambang Yudhoyono signed Thursday 19th May 2011 the law on the two-year moratorium on new permits to cut primary forests, as part of a $1 billion deal with Norway that could spur projects to reduce gas emissions and slow expansion of palm plantations.
The law set the legal basis for the agreement signed by the two countries almost one year ago. A good point is that measures in the law exclude the extension of existing permits and permits already given in principle by the Forestry Ministry - excerpt article Jakarta Globe.
According to Mr. Lars Løvold, Director of Rainforest Foundation Norway, the agreement could be an important step towards the preservation of Indonesia’s rainforest if it not only contains measures that aim to reduce greenhouse gas emissions from deforestation but also if it sets specific measures on the conservation of biodiversity and protection of the rights of indigenous peoples who live in and around the forest.

Further details
President of Indonesia signed two-year moratorium on deforestation - Article on the Jakarta Globe
Blog indigenous people of Indonesia
moratorium-wont-save-indonesias-forests - article by activist on the Jakarta Globe