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
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.
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.
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.
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.
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.
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.
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.
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.
Singapore takes legal action against 5 Indonesia companies over haze
Singapore’s National Environment Agency served Asia Pulp & Paper and four other companies with legal notice under the Transboundary Haze Pollution Act, because fires burning in the companies’ concessions in Indonesia. The air pollutant index in Singapore hit “hazardous” levels last week, and schools shut down. The haze even is harming relations between the two countries, with Singapore and also Malaysia.
An alternative to help companies fulfil zero deforestation pledges
As more than two-thirds of deforestation globally have been caused by commercial agriculture, both governments and private sectors have make many promises to tackle the problem. However, neither is likely to achieve goals by working on their own. Forest experts at Environmental Defence Fund (EDF) propose private sectors to work with REDD+ and other government initiatives, laws, and regulations as a new approach to implement forest commitments.
UN study warns agricultural subsidies are threatening forests and conservation programs
A recent study released by an initiative bringing together the UN’s environment, agriculture and development agencies warns that agriculture is the world largest driver for deforestation, responsible for perhaps 80 percent of deforestation globally. Misguided government subsidies aimed at helping farmers produce food more efficiently often end up leading to deforestation. Governments need to broaden approaches to identifying root causes of deforestation and changing the offending policies.
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.
Amazon paradox: drop in large-scale deforestation makes enforcement more difficult
While deforestation in the Brazilian Amazon has fallen sharply over the past decade, a larger share of forest loss is now being driven by smallholders who are more difficult to control, posing new challenges for the Brazilian government.
Haze chokehold spurring efforts to save Indonesia’s forests
Many Southeast Asians are wondering if they will have to withstand another blanket of haze from rainforest fires as Indonesia enters its annual dry season.
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.
Dilma disappoints with weak rainforest target
Environmentalists have called Brazilian President Dilma Rousseff’s commitments on reducing deforestation and supporting renewable energy ‘weak’ and representing little more than maintaining the status quo. Greenpeace Brazil say the target of restoring 12 million hectares of forest represents only half of the reforestation requirements under Brazil’s Forest Code and are just another commitment to comply with existing laws, not a bold new initiative.
Brazil has, however, worked to reduce greenhouse gas emissions more than any large country over the past decade, with emissions from all sectors having fallen by around 40% since 2005, with an 85% cut in carbon dioxide from deforestation.
Has Amazon deforestation reached a 7-year high in Brazil?
Satellite data analysis suggests deforestation in the Brazilian Amazon may have reached a 7-year high. Imazon, a Belém-based non-profit, released data showing deforestation in the region pacing ahead of the previous year’s level for 13 months consecutively. The 12-month moving average of short-term deforestation alert data has reached levels that have not been seen since 2008. This hasn’t yet been confirmed by the Brazilian government who now report statistics quarterly for its deforestation system, but recent figures released by INPE mirror this data.