Norway’s Government Pension Fund Global (GPFG), which manages $828 billion worth of funds, released its annual report for 2015 today, revealing that six palm oil companies, four pulp and paper companies, and one coal company were dropped from its investment portfolio. Lars Løvold, director of the NGO Rainforest Foundation Norway, said that the GPFG’s actions show that companies involved in deforestation risk being cut off from international investment.
News
Collected news links from external sources related to topics concerning the Book Chain Project.
World’s largest sovereign wealth fund just dropped 11 companies over deforestation
EU Timber Regulation Latest News: March 2015 - March 2016
The EU Timber Regulation (EUTR) News have provided an update on the operation of the EU’s law to address illegal logging from March 2015 to March 2016. This issue outlines the support from the European Commission and the implementation of the regulations by its’ member states, indicating how they insure its’ proper application. Relevant publications and updates in international laws against illegal logging are also reported.
Greenpeace rates consumer goods giants’ no-deforestation progress
Greenpeace have released a scorecard on 14 companies' progress on eliminating deforestation from their supply chains. Nestle and Ferrero scored the highest and Colgate-Palmolive, Johnson & Johnson and PepsiCo scored the lowest. Greenpeace has encouraged these companies to work with an implementation partner to recognise their commitments as well as seek third party verifications on their progress.
Indonesia agency pushes plan to tackle deforestation, fires
Indonesia’s anti-graft commission said government agencies have agreed on a plan to combat corruption in the forestry industry that costs the state billions of dollars in lost revenue and is behind fires that pollute Southeast Asia. The plan leans heavily on technology to build an accurate picture of where illegal deforestation and conversion of peatland into farmland is occurring, using Landsat satellites, drones and LIDAR pulsed laser-based mapping.
Brazil’s new Forest Code: A guide for decision-makers in supply chains and governments
WWF-Brazil has released a guide which provides an overview of the updated Forest Code in Brazil. The report gives recommendations for decision makers in supply chain companies, financial institutions and governments on how to take action to implement and ensure compliance to the Forest Code. Information on the Forest Code law and recommendations to ensure effective implementation are also outlined.
Endangered Forests in the Balance : the impact of logging reaches new heights in the Montagnes Blanches endangered Forest
The Montagnes Blanches endangered forest has become a focus area for conservation organisations due to threats on its unique features by illegal logging. According to satellite data provided from 2000-2013, almost 50% of the intact forest landscape has been lost or degraded. Furthermore the species, woodland cari-bou within this forest is now being identified as threatened under Canada’s Species at Risk 2.
New deforestation hotspot threatens southern Peru’s tremendous biodiversity
Monitoring of the Andean Amazon Project (MAAP) discovered a sharp deforestation increase in the lower Las Piedras River area, which is in the far west Amazon rainforest of the Madre de Dios region of Southern Peru. This area is considered as an incredibly biodiverse area. The headwater of Las Piedras River is protected, however, the lower remains under threat largely due to the controversial Trans-Amazon highway, which brought loggers, hunters, gold miners, and settlers.
The impact of logging reaches new heights in the Montagnes Blanches Endangered Forest
Greenpeace have released a briefing update document on the Montagnes Blanches Endangered Forest. Nearly 50% of the intact forest landscapes have been lost or degraded due to logging, road building, and other industrial development between 2000 -2013. The briefing document covers the recent and current forestry operations in the intact forest landscape and describes the future steps for long-term solutions in the area as well as the role customers should play in forest products.
Does sustainable forest management actually protect forests?
A group of scientists questioned whether sustainable forest management (SFM) is an effective way as commonly believed to protect tropical forests and the habitat and carbon reserves. They published a study in the journal Land Use Policy arguing that SFM may not actually lead to less deforestation based on the their analysis of timber concessions in the Central African nation of the Republic of Congo. According to their research, timber concessions operating under forest management plans (FMPs) showed higher rates of deforestation than concessions without them. The research was criticized by some scientists as overly simplistic. One of the authors was hesitant to extend the findings beyond the borders of the Republic of Congo.
Most ‘frontiers of plantation expansion’ are losing far more trees to deforestation than harvesting
The World Resources Institute released a new study, which finds that nearly all of the recent tree cover loss in several “frontiers of plantation expansion” is happening outside established plantation boundaries. The author hopes that the study can help in land-use planning that directs plantation development and expansion to already-degraded areas rather than supplanting forests.
Haze crisis cost Indonesia almost 2% of GDP, World Bank says
According to the World Bank, forest fires in Indonesia last year caused the country at least $16 billion economic losses, which is equivalent to 1.9 percent of its GDP. The haze caused by the fire blanketed Singapore, parts of Indonesia, Malaysia and Thailand in September and October, which was cleared by the rainy season in early November. Many of the fires were set by smallholders and companies to clear land for agriculture, especially palm oil, which makes it difficult for Indonesian authorities to respond to the fires.
Fighting climate change means protecting forests and wildlife
The importance of tropical rain forest for addressing climate change was formally recognized in the Paris Conference of Parties (COP) of the UNFCCC. The Paris Agreement advocates countries to incorporate forests and ecosystems protection into country plans for reducing emissions. To combat climate change, except protecting and restoring forests, it is also essential to maintain the full faunal composition to ensure long term survival and maximize full capacity. Last but not least, recognizing the role of maintaining core areas of intact primary forest through parks, reserves, indigenous territories and other protected areas to ensure that restoration of forests takes place in a way that fully restores those forests to their many ecosystem service roles is also important.
Growing demand for rice and palm oil 'driving mangrove deforestation'
A new study published on the journal Proceedings of the National Academy of Sciences states that the role of agriculture in the destruction of mangrove forests in South-East Asia has been underestimated. The study is based on a 12-year assessment conducted between 2000 and 2012, which found that in South-East Asia mangroves were being lost at an average rate of 0.18%. Rice and palm oil plantations contributed nearly 40% to the lost. The author is calling for action as mangrove habitats in South-East Asia are highly biodiverse and are vital to the livelihood or millions of people.
50+ companies being investigated or punished for Indonesia’s haze crisis
Regarding the choking haze in Indonesia, 23 companies have been punished by Forestry Minister Siti Nurbaya, while over 33 plantation companies are being investigated. The Singaporean government said it plans to take action against firms linked to haze-causing fires.
China’s demand for rosewood is destroying forests in Southeast Asia and, increasingly, in Africa
According to a newly released report from a non-profit organization called Forest Trends, in the past few years, imports of rosewood, collectively known as hongmu, from Africa surged, which are prized by Chinese furniture manufacturers who use them to make products that are highly coveted status symbols.
Development model in Guatemalan rainforest?
A report on the activities of the Association of Forest Communities of Petén (ACOFOP) in Guatemala show the positive potential impact of community based forest management. The members of ACOFOP include small furniture manufacturers sell products approved by the Rainforest Alliance.
The article refers to a report published last month by the World Resources Institute which investigated both the Guatemalan concessions and a similar model found in Brazil’s indigenous communities in the Amazon. The WRI estimated that Guatemala stood to benefit up to $800 million over the next two decades through community management of forest concessions.
Community forestry upheld as path to lower emissions for Indonesia
A new report by the Rainforest Action Network provides further evidence of the benefits of greater local land rights in conserving tropical forests. The research follows a separate report published in 2014 by the World Resources Institute, an international environmental NGO. That study showed deforestation rates were 11 times lower in zones licensed to local communities than in other lands.
The Mongabay article reports that Indonesia targeted 2.5 million hectares of land for community-based forest management between 2009 and 2014 but only 13% of this had actually been allocated for community-based forest management by the end of 2013. The article points to criticisms by some that many licenses vulnerable to abuse with one commentator claiming that some loosely organized communities will simply sell their land to the highest bidder – often industrial companies.
African forestry scheme aims to build prosperity by restoring landscape
Over a dozen African countries to tackle Climate change and boost development by restoring 100m hectares of forest across the continent over the next 15 years. The initiative known as the African Forest Landscape Restoration Initiative (AFR100) was launched during COP21. It will be underpinned by a $1bn investment from the World Bank in 14 African countries over the next 15 years and by $600m of private sector investment over the same period.
The initiative will also be supported by Germany’s Federal Ministry for Economic Co-operation and Development, the New Partnership for Africa’s Development (Nepad) and the World Resources Institute.
- Forest Sourcing
- The Guardian
- Africa
- Cameroon
- Congo (Democratic Republic)
- Kenya
- Liberia
- Madagascar
- African Forest Landscape Restoration Initiative
- Climate Change
- COP21
- Forests
- Germany’s Federal Ministry for Economic Co-operation and Development
- New Partnership for Africa’s Developmet
- World Resources Institute
China to launch natural forest logging ban in 2016
China, which logs about 49.94 million cubic meters of natural forest each year, initiated a landmark pilot program to ban all commercial logging of natural forests in key forest zones in Northeast China's Heilongjiang Province in April 2014. Now the country will implement a ban on commercial logging of State-owned natural forests by end 2016.
The article points out that over 50% of the timber China consumes and processes comes from imports much of it thought to be from illegally harvested sources. There is a concern that this domestic logging ban may lead to an increase in those illegally harvested sources.
COP21: Prince Charles to make forest appeal
Prince Charles has called upon the world leaders to work together on the better protection of the forests of the world at the UN Climate conference in Paris. In a speech given at a meeting at COP21 2015, Prince Charles said too many companies still turned a blind eye to their commercial activities destroying forests, and that protecting forests was not enough - the world needed to re-forest deforested lands.