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Loggers, palm oil producers eye remote rainforests of Papua for development mongabay.com July 26, 2008
Asian comapnies are lining up to develop pulp-and-paper mills and oil palm plantations in Merauke, Papua, "a California-size land of virgin forests and pristine rivers, with a population of 2.5 million," writes Tom Wright for Wall Street Journal. U.S.-based International Paper is said to be taking an exploratory look at establishing a milti-billion dollar plantation in the area. While the Papua Governor Barnabas Suebu agreed last year to ban logging of the province's rainforests in return for carbon-credits from investors, Wright writes that local investors are pushing for agricultural development.
"Record commodity prices and lack of available land elsewhere are driving investors to regions such as Papua. Environmentalists fear the area's forests will be destroyed much like those on Sumatra and Borneo islands, where rare elephants, tigers and orangutan are threatened with extinction." Papua province is located on the island of New Guinea. It is bordered by the independent country of Papua New Guinea and the sister province of West Papua, which consists of the Bird's Head Peninsula. The two Indonesian provinces were formerly known as Irian Jaya. TOM WRIGHT/ Last-Frontier Forest Is at Risk From Boom. July 25, 2008; Page A9. Wall Street Journal Related articles Papua signs REDD carbon deal to generate income from rainforest protection (5/14/2008) The government of the Indonesian province of Papua has entered into an agreement with an Australian financial firm to establish a forestry-based carbon finance project on the island of New Guinea. Photos: Two unknown mammal species discovered in "lost world" (12/16/2007) Two mammal species -- a tiny possum and a giant rat — discovered on a recent expedition to Indonesia's remote Foja Mountains in New Guinea are likely new to science, report researchers from conservation International (CI) and Indonesia Institute of Science (LIPI). The area won international fame after a December 2005 survey turned up dozens of new species and gave urgency to conservation efforts in a region where logging and forest clearing for agriculture are a serious concern. Papua seeks funds for fighting global warming through forest conservation (8/10/2007) In an article published today in The Wall Street Journal, Tom Wright profiles the nascent "avoided deforestation" carbon offset market in Indonesia's Papua province. Barnabas Suebu, governor of the province which makes up nearly half the island of New Guinea, has teamed with an Australian millionaire, Dorjee Sun, to develop a carbon offset plan that would see companies in developing countries pay for forest preservation in order to earn carbon credits. Compliance would be monitored via satellite. SHARE THIS ARTICLE:
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