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UK to fund efforts to shift towards greener palm oil production mongabay.com January 31, 2010 The contribution comes under the government's £1.5 billion ($2.4 billion) commitment to $10-billion-per-year aid package pledged by industrialized countries during last month's climate talks in Copenhagen. The money will help fund climate change mitigation and adaptation activities in developing nations. Roughly $3.5 billion of the sum, will, over the next three years, go towards reducing emissions from deforestation and degradation (REDD), a scheme that aims to fight climate change by protecting rainforests. Britain's Department for International Development (DFID) said the partnership with Indonesia will support land use planning to encourage sustainable management of peatlands and forests; provide long-term credit access to developers who establish plantations on degraded lands, rather than in natural forest areas; and fund research into the value of Indonesian ecosystems as living entities.
"The impacts of unchecked deforestation in Indonesia will be felt across the world for years to come," said DFID Secretary Douglas Alexander in a statement. "Through this partnership the UK will stand side by side with the Indonesians to help manage their forests, protecting this vital resource for future generations." Indonesia has the world's second highest deforestation rate but the largest emissions from deforestation and degradation. Conversion and burning of forests and peatlands amounts to 500 to a billion metric tons of carbon dioxide emissions in some years. Indonesian government report recommends moratorium on peatlands conversion Limit palm oil development to lands that store less than 40 tons of carbon/ha - study (08/06/2009) A new study finds oil palm plantations store less carbon than previously believed, suggesting that palm oil produced through the conversion of tropical forests carries a substantial carbon debt.
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Copyright mongabay 2010 Carbon dioxide (CO2) emissions generated from mongabay.com operations (server, data transfer, travel) are mitigated through an association with Anthrotect, an organization working with Afro-indigenous and Embera communities to protect forests in Colombia's Darien region. Anthrotect is protecting the habitat of mongabay's mascot: the scale-crested pygmy tyrant. |