A line of fire advances on traditional stilt homes as a helicopter drops water in a bid to douse the flames in Pedamaran subdistrict, Ogan Komering Ilir district. Image by Nopri Ismi/Mongabay Indonesia. The world is rolling into another season of cataclysmic fires, already raging in tropical forests in Indonesia, Brazil and the Central African […]
Report released on the five year anniversary of Indonesia’s Sustainable Finance roadmap examines the successes and failures of this initiative
Indonesia has yet again witnessed another year scarred by catastrophic fires that have caused immense damage and blanketed the country and its neighbours in a toxic haze.
Banks and investors are under increasing scrutiny for their financing of commodities driving tropical deforestation, and rightly so. The environmental, social, and governance (ESG) risks associated with these controversial sectors — illegality, land grabbing, peatland and rainforest destruction, fires and labor abuses, to name a few — can carry significant reputational and financial risks for […]
Following a 2-year investigation by the Forest Stewardship Council (FSC) into Korindo, the FSC released on Monday 5th November a summary of its findings. It confirms Korindo was engaged in widespread deforestation and human rights violations. However, in a blow to the communities and forests devastated by the company, the FSC failed to apply its […]
Runaway fires in July-August have prompted six Indonesian provinces to declare a State of Emergency.The haze has become an international environmental and public health crisis, and has been described by President Joko Widodo as a national embarrassment.The infernos are have become a recurring pattern in Indonesia’s biggest oil palm and wood fibre producing provinces, where […]
The governments of Malaysia and Indonesia are anxious to decouple palm oil’s association with deforestation and climate change. Palm oil prices have been tumbling for two years, and many analysts believe this isn’t just caused by a cyclical oversupply, but by the enduring concerns about its environmental and social impact, and inherent substitutability for other […]