At a meeting last month organised by the Forest Stewardship Council, HSBC’s Francis Sullivan said that if a company doesn’t pass the bank’s sustainability risk tests, then it won’t get a loan.
Tag: Deforestation
How can REDD reduce deforestation without addressing the causes of deforestation?
Any proposal to reduce deforestation must find a way of addressing the causes of deforestation. So if REDD is a serious attempt to reduce deforestation it must address the causes of deforestation. But a recent paper by three of CIFOR’s scientists found that causes of deforestation are not part of discussions about REDD.
Empty promises: All that remains of Indonesia’s climate plans
At the G20 meeting in Pittsburgh in 2009, Susilo Bambang Yudhoyono Indonesia’s President famously promised that Indonesia would reduce its emissions by 26% by 2020 from business as usual. With international suppport, he said, Indonesia could reduce emissions by 41%. Four years on and there’s practically nothing to show for Yudhoyono’s promises.
Harrison Ford upsets Indonesia’s Minister of Forestry by asking him about … deforestation
Zulkifli Hasan, Indonesia’s Minister of Forestry, made the headlines last week when he said he was “shocked” by 71-year-old actor Harrison Ford’s questions about deforestation. Perhaps Zulkifli had forgotten the scale of the problem in Indonesia.
What’s the point paying the Indonesian government for REDD when it’s losing billions to corruption in the forest sector?
Between 2007 and 2011, Indonesia lost more than US$7 billion to illegal logging and mismanagement in the forestry sector. That’s the shocking finding of a new report by Human Rights Watch: “The Dark Side of Green Growth: Human Rights Impacts of Weak Governance in Indonesia’s Forestry Sector”.