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
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.
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.
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.
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.
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.
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.
World’s protected forests lost 3 percent of their tree cover in 13 years
Protected areas (PAs) are established as a way to prevent ecosystem damage, but a new study published in the journal PLOS ONE finds that this may not be working very well in many areas. According to the research, forests occupied one-third of the world's total land area in the year 2000. Of this, 19 percent was under some form of protection, and 25 percent was intact. However, the world’s PAs have lost 3 percent of their forest cover in just over a decade. By comparison, they pegged the total loss of the world’s forests – both protected and non – at 5 percent. The largest losses occurred in Australia, Oceania, and North America, which all exceeded 5 percent. However, positive results were found in Latin America where losses were 1 percent in Pas compared to the 5 percent outside them.
Austrian timber giant ransacking Romania's forests
Austrian timber company Schweighofer is linked to large-scale illegal logging which accounts for half of Romania's timber production. An EIA investigation finds that almost all the illegal timber ends up in the company's mills. Romania still has an estimated 218,000 hectares of old growth forests. A recent Romanian government study estimated that 80 million cubic meters of timber have been cut illegally in the past 20 years, representing a loss to the Romanian economy of over €5 billion. Following the report’s publication, WWF filed a complaint at the Federal Forest Office in Vienna for violations of the European Union Timber Regulation (EUTR) and calls for a full investigation of the allegations against Schweighofer.
Deforestation declines in the Amazon rainforest
The Amazonian Network of Georeferenced Socio-Environmental Information (RAISG) published a report showing the deforestation between 2010 and 2013 declined sharply across the Amazon basin. This is the first time the change in primary forest in the Amazon outside of Brazil is documented. Unlike Brazil, which owns advanced monitoring system, forest data from non-Brazilian countries are much less reported before. The report also includes a detailed deforestation map.
Getting the facts right on Indonesia’s haze problems
A study published in August in the journal Environmental Research Letters reveals that more than half of the fire emissions originate from outside timber and oil-palm concession boundaries. Several studies have shown a similar finding, which is that the dominant cause of fire in both Sumatra and Kalimantan is rural communities. Only targeting plantation companies as the government and NGOs are doing at the moment won’t work. The Indonesian fire and haze problem is complex, with multiple actors playing a role. To address the problem, the government should be more specific in its management, including law enforcement, localized approaches, taking the costs of development into consideration.
Industrial concessions causing massive deforestation in Cambodia
A new report from Forest Trends has found agricultural concessions in Cambodia provide entry points for destructive logging of natural forests, where some concessions are even located inside designated protected areas. This indicates a recent shift for Cambodian forests, which were previously being encroached by smallholder farmers. The landowners working these concessions are now much larger companies, opening access to previously inaccessible land. The report questions the levels of corruption and transparency within Cambodia - particularly at the point where concessions are identified and awarded – and calls for a logging moratorium while a full legal assessment is done on all designated forest land.
Scientists warn only 'simplified', degraded tropical forest may remain by end of century
Scientists at UCL have defined three phases of global forest loss, the third of which we are living through now. They believe this third phase poses dangerous consequences if not correctly managed at a global scale. They believe the first phase happened over 6000 years ago when hunter-gatherers moved into tropical forests. The second phase saw the emergence of tropical agriculture. Despite altering the forest both of these phases maintained its overall health. The third phase – known as ‘Global Integration’ - has much greater impacts and is defined by distant decision-makers directing forest and agricultural land use. There have been positive moves, such as the UN’s New York Declaration of Forests agreeing to halt deforestation and restore 150 million hectares. But moves to expand the palm oil industry in to Africa are concerning and the study worries about the implications for the continent’s natural forests. The report calls for a renewed attention on forests at the Paris climate talks, where commitments to reduce deforestation and secure alternative finance are essential to success.
Scientists discover new primate in the embattled heart of the Amazon
Rivers create species. For animals incapable of swimming through or flying over them--like most primates--large rivers can quickly become insurmountable barriers. One of the most famous examples of this evolutionary phenomenon is chimpanzees and bonobos, which are only separated by the Congo River. Now, scientists have discovered a new primate that also appears to follow this rule, blocked off from his cousins by a confluence of rivers in the Peruvian Amazon.
Myanmar sentences 153 Chinese workers to life imprisonment for illegal logging
Regions along the porous Myanmar-China border have been a source of smuggled illegal timber to satisfy the growing demand from Chinese industry. Stripping natural resources in this way has prompted some resentment in Myanmar towards its more prosperous neighbour, and China has since protested at the harsh sentence. The border regions, which include Kachin state, have seen higher levels of conflict since 2011 between the Myanmar government and Kachin separatists. This escalation may provide sufficient cover for the illegal logging activity to take place.
Standard Chartered joins pact to prevent forest destruction
Standard Chartered has signed up to the ‘soft commodities compact’ which ensures their palm oil, soy and timber clients’ activities are consistent with ‘zero net deforestation’ by 2020. Many global food manufacturers have signed up to anti-deforestation initiatives in recent years and now pressure is being put on banks to do the same. Nine other banks have already signed this agreement, including RBS, UBS and Santander.
UN calls for ban on logging and mining in Tasmania’s world heritage area
Tasmania’s government wants to open up nearly 200,000 hectares of their 1.5m hectare world heritage area for logging. The Tasmanian government has stressed that new tourism infrastructure and ‘selective’ logging in the area, which makes up around 20% of the state’s land mass, will boost the state’s struggling economy. Environmentalists claim that this would undermine the essence of world heritage values and The UN has called for a blanket ban on logging and mining in this world heritage area, demanding the Tasmanian government rethink its new management plan for the site.
Palm oil giant announces deforestation freeze amid NGO campaign
After the launch of an environmental campaign targeting the luxury hotel chain, Mandarin Oriental hotel, the palm oil giant Astra Argo Lestari, which is also one of Indonesia’s biggest plantation developers, announced an immediate moratorium on land clearing. Astra Argo claimed the moratorium as a major step to make their operations to comply with the standards of the Indonesia Palm Oil Pledge (IPOP). Astra Agro haven’t announced a no-deforestation policy, but it said that it was now in the process of formulating one.