Norway is now the first country committed to the zero deforestation, which precludes deforestation in public procurement. Any companies related to deforestation will not be able to have contract with the Norwegian government. For crops associated with large-scale rainforest destruction like soy, timber, palm oil and beef, if they are to be procured by the government, they will have to be produced in a sustainable way. In addition, now there are recommendations for Norway’s Government Pension Fund Global (GFPG), the largest sovereign wealth fund in the world, to consider biodiversity when making investment decisions.
News
Collected news links from external sources related to topics concerning the Book Chain Project.
Norway Just Banned Deforestation
Malaysian palm oil giant loses 7 more customers over RSPO suspension
Hershey’s, Colgate-Palmolive, Johnson & Johnson, Procter & Gamble, SC Johnson, Yum! Brands and Reckitt Benckiser have cancelled or suspended contracts with IOI following their suspension from the Roundtable on Sustainable Palm Oil (RSPO). IOI’s certificate was suspended based on three of its operations where RSPO standards of preventing rainforest destruction and social conflict were violated.
Subsidies to industries that cause deforestation worth 100 times more than aid to prevent it
New research has shown that Brazil and Indonesia paid over $40bn in subsidies to industries that drive rainforest destruction between 2009 and 2012 - compared to $346m in conservation aid they received to protect forests. The report from the Overseas Development Institute (ODI) encouraged a ‘radical rethink’ of how subsidies for commodities are assigned. ODI identify part of the problem in a lack of coordination between environment ministries and other government departments seeking to protect commodity exports and reduce rural poverty. The ODI have called for subsidy reform allowing a model of forest finance to protect forests and their surrounding rural communities.
APRIL's forest policy failing to stop rainforest destruction, say green groups
According to a letter signed by signed by Huma, Forest Peoples Program, Rainforest Action Network, Wahana Bumi Hijau, Scale Up, Jaringan Masyarakat Gambut Jambi, Jaringan Masyarakat Gambut Riau, and Pusaka, APRIL’s new forest policy allows the company to continue destroying rainforests and peatlands for industrial plantations. The letter highlights a dozen concerns over APRIL's policy, including a lack of a moratorium on natural forest conversion, failure to identify and protect high carbon stock (HCS) areas, and unclear commitments on resolving social conflicts and embracing the concept of free, prior and informed consent (FPIC) from affected local communities. It also says that the policy appears to not apply to APRIL’s sister companies or suppliers. The letter comes days after Greenpeace documented APRIL-owned PT. Riau Andalan Pulp & Paper destroying peat forest on Pulau Padang, an island off Sumatra. In response to the report, APRIL said the clearing was in line with its forest conservation policy.