A US$103.8 million payout for Indonesia has been approved by the UN’s Green Climate Fund in exchange for reducing emissions by avoiding deforestation. But observers have questioned the way the Indonesian government arrived at that figure.
Gulzhan Musaeva –
Forest-risk companies in Southeast Asia tend to rely almost entirely on debt financing. In view of this leverage, banks can be deemed directly accountable for deforestation and related offences committed by their borrowers.
To combat the fires in Indonesia and worsening haze, a Singaporean-based blockchain development company has launched the Global Ledger initiative to develop a coordinated regional and global response to such catastrophes.
Robin Hicks –
In the first in a new video series where sustainability leaders interview each other about the toughest things about their jobs, Simon Lord of Malaysian palm oil giant Sime Darby Plantation went head to head with Pamela Mar of Hong Kong-based textile and apparel giant Fung Group.