Two thirds of unplanted concessions in Indonesia could be stranded assets by 2040, due to efforts to reduce the sector's impact on forests. But companies that grow sustainably could win big, a new study predicts.
The planned expansion will have catastrophic consequences for forests, peatlands, and communities, warn NGOs. APP says the expansion will not breach its no-deforestation pledge, and is aligned with the new Omnibus Law to boost investment and jobs.
Juan Manuel Santos, Svenja Schulze, Carole Dieschbourg, Teresa Ribera, Zac Goldsmith and Pascal Canfin –
The Nobel Committee's decision to award the 2007 Nobel Peace Prize to the Intergovernmental Panel on Climate Change was instrumental in elevating that issue to the top of the global policy agenda. Now, the same should be done to recognise the organisation that has done the most work on the crisis of biodiversity loss.
Rhett A. Butler –
2020 was a rough year for tropical rainforest conservation efforts. So what’s in store for 2021? Mongabay Founder Rhett A. Butler reviews 11 key things to watch in the world of rainforests in 2021.
Matthias Diemer –
Although 2020 will not mark the end of deforestation for palm oil, not all hope is lost. Most supply chain actors are undertaking genuine efforts, but until those bear fruit, green groups need to maintain their watchdog function.
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.