November 30, 2010
"We are in Cancun to lend our support to this monumental but essential task of creating solutions that lead to a low-carbon world," said Muhtar Kent, CEO of Coca-Cola and co-chair of the BCGF. "The initiatives that our industry announced today are good examples of the kind of bold and positive action that will be needed to move the needle in combating climate change."
The deforestation resolution states that the BCGF will work with stakeholders to fund "mechanisms and other practical schemes that will incentivise and assist forested countries to conserve their natural assets and enable them to achieve the goal of zero net deforestation, whilst at the same time meeting their goals for economic development."
"The scale, geographical presence and purchasing power of the CGF companies could transform these commodity markets and help put an end to tropical deforestation in countries like Brazil and Indonesia."
While deforestation in end of the twentieth century was largely driven by slash-and-burn farming of the agrarian poor, current forest lost is driven mostly by large corporations seeking commodities in the developing world to meet voracious consumption worldwide. For example, cattle ranching for beef accounts for 65-70% of current Amazon deforestation, while recent satellite analysis shows that half of the expansion of palm oil in Southeast Asia has come at the expense of tropical rainforests since 1990.
The BCGF also announced it will work to phase out greenhouse gas emitting HCFs in refrigeration by 2015. Although they currently represent a small percentage of total greenhouse gas emissions, HFCs are thousands of times more potent as a greenhouse gas than carbon dioxide and if not dealt with could begin a significant contributor to an increasingly warming world.
Pulp plantations destroying Sumatra's rainforests
(11/30/2010) Indonesia's push to become the world's largest supplier of palm oil and a major pulp and paper exporter has taken a heavy toll on the rainforests and peatlands of Sumatra, reveals a new assessment of the island's forest cover by WWF. The assessment, based on analysis of satellite imagery, shows Sumatra has lost nearly half of its natural forest cover since 1985. The island's forests were cleared and converted at a rate of 542,000 hectares, or 2.1 percent, per year. More than 80 percent of forest loss occurred in lowland areas, where the most biodiverse and carbon-dense ecosystems are found.
Plantations on peatlands are huge source of carbon emissions
(11/29/2010) Converting peatlands for wood-pulp and oil palm plantations generates nearly 1,500 tons of carbon dioxide per hectare, making these ostensibly "green" sources of paper, vegetable oil and biofuels important drivers of climate change, reports new research published by scientists at the Center for International Forestry Research (CIFOR).
Bad books: US paper products are breaking the law and devastating rainforests
(11/18/2010) Everyone knows books are made of paper, but few think of where that paper comes from. However, two new reports may change that. Both the Rainforest Action Network (RAN) and the World Resources Institute (WRI) have found that some paper used in books, including popular children's books, is linked to forest devastation in Indonesian, even targeting endangered trees that have been harvested illegally.