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News articles on indonesia's forest moratorium
Mongabay.com news articles on indonesia's forest moratorium in blog format. Updated regularly.
Indonesia's moratorium not enough to achieve emissions reduction target
(01/20/2015) When Indonesia's former president Susilo Bambang Yudhoyono declared a moratorium in May 2012 on the issuance of new permits for logging in primary forests and on peat lands, it was widely hailed as an important, albeit far too limited, step in clamping down on the country's levels of deforestation.
Indonesia to audit licenses of palm oil companies that clear peatlands
(11/30/2014) New Indonesian president Joko Widodo has ordered the Ministry of Environment and Forestry to review licenses for companies that have converted peatlands for oil palm plantations, reports Antara. Jokowi, as the president is popularly known, announced the move after a visit last week to Sungai Tohor, a community in Riau that has been particularly affected by peatlands degradation and haze caused by fires set for land clearing.
Indonesia imposes moratorium on new logging permits
(11/20/2014) Indonesia's new Minister of Environment and Forestry Siti Nurbaya Bakar imposed a moratorium on the issuance of all new logging permits a little over a week after being appointed in late October. The move is being celebrated by conservation groups and signals that interest in reforming Indonesia's notoriously corrupt and dysfunctional forestry sector has reached the highest levels of government, with direction coming from President Joko Widodo.
Will merging competing ministries help save Indonesia's forests?
(11/10/2014) Newly elected Indonesian president Joko 'Jokowi' Widodo announced on October 26th that the Ministry of Forests and the Ministry of Environment would be combined and that Siti Nurbaya would become Forests and Environment Minister. The move was part of Jokowi’s appointment of 34 cabinet level positions, ranging from Foreign Minister to Religious Affairs Minister.
Despite high deforestation, Indonesia making progress on forests, says Norwegian official
(10/02/2014) Despite having a deforestation rate that now outpaces that of the Brazilian Amazon, Indonesia is beginning to undertake critical reforms necessary to curb destruction of its carbon-dense rainforests and peatlands, says a top Norwegian official. Speaking with mongabay.com in Jakarta on Monday, Stig Traavik, Norway's ambassador to Indonesia, drew parallels between recent developments in Indonesia and initiatives launched in Brazil a decade ago, when deforestation was nearly five times higher than it is today.
Activists urge outgoing Indonesian president to protect key forest area before he steps down
(09/17/2014) Activists have launched an urgent appeal calling upon outgoing Indonesian President Susilo Bambang Yudhoyono to step up protection of the only ecosystem that houses Sumatran orangutans, rhinos, elephants and tigers.
Indonesian govt reiterates plan to clear 14M ha of forest by 2020
(08/16/2014) The Indonesian government is pressing forward with plans to clear 14 million hectares of forest between 2010 and 2020 despite a commitment to curb greenhouse gas emissions.
Aceh's largest peat swamp at risk from palm oil
(08/11/2014) Oil palm plantations and other developments are threatening Rawa Singkil Wildlife Preserve—Aceh's largest peat swamp, and home to the densest population of Sumatran orangutan in the Leuser Ecosystem. The lack of clear boundaries, and construction of roads bisecting the area has fostered encroachment by local and outside entrepreneurs, including some former local officials, reports Abu Hanifah Lubis, Program Manager of Yayasan Leuser Internasional (YLI).
Despite moratorium, Indonesia now has world's highest deforestation rate
(06/29/2014) Despite a high-level pledge to combat deforestation and a nationwide moratorium on new logging and plantation concessions, deforestation has continued to rise in Indonesia, according to a new study published in Nature Climate Change. Annual forest loss in the southeast Asian nation is now the highest in the world, exceeding even Brazil.
Indonesia's haze from forest fires kills 110,000 people per year
(05/28/2014) Haze caused by burning peat forests in Indonesia kills an average of 110,000 people per year and up to 300,000 during el Niño events, while releasing hundreds of millions of tons of greenhouse gases into the atmosphere, warns a new report from Greenpeace. Sumatra: Going up in smoke argues that peatland and forest protection are the best way to protect the region from the effects of haze.
Environmentalists lament light sentence in Tripa peatland destruction case
(05/10/2014) Environmental groups blasted a 'lenient' sentence imposed on the director of a palm oil company that illegally destroyed an area of endangered peat forest in Indonesia's Aceh Province.
Indonesian activist wins Goldman Prize for fighting palm oil, deforestation
(04/28/2014) An Indonesian has won the world's most prestigious award for environmental activism for his efforts to fight illegal logging, forest encroachment for palm oil production, and a policy that would open up vast swathes of an endangered ecosystem for mining and industrial plantations.
Indonesian sugar company poised to destroy half of island paradise's forests
(03/14/2014) An Indonesian plantation company may be preparing to destroy up to half of the natural forests on Indonesia's remote Aru Islands, reports Forest Watch Indonesia. Analyzing land use plans for Aru, Forest Watch Indonesia found that local government officials have turned over 480,000 hectares (1.2 million acres) to 28 companies held by PT. Menara Group, a plantation conglomerate. 76 percent of the area is currently natural forest. Converting the area to sugar plantations would cut Aru's forest cover by half, from 730,000 ha to 365,000 ha.
Indonesia rejects, delays 1.3m ha of concessions due to moratorium
(02/12/2014) The Indonesian government has rejected nearly 932,000 hectares (2.3 million acres) of oil palm, timber, and logging concessions due to its moratorium on new permits across millions of hectares of peatlands and rainforests, reports Mongabay-Indonesia.
In precedent-setting case, palm oil company fined $30M for destroying orangutan forest
(01/09/2014) In a precedent-setting case, an Indonesian court has found a palm oil company guilty of violating environmental laws and ordered it to pay $30 million in fines and reparations for clearing an area of protected peat forest that is a stronghold for endangered orangutans in Indonesia's Aceh Province. In a ruling handed down Wednesday, the Meulaboh district court concluded that PT Kallista Alam illegally cleared and burned forest within the the protected Tripa peat swamp in northwestern Sumatra.
Rainforest news review for 2013
(12/26/2013) 2013 was full of major developments in efforts to understand and protect the world's tropical rainforests. The following is a review of some of the major tropical forest-related news stories for the year. As a review, this post will not cover everything that transpired during 2013 in the world of tropical forests. Please feel free to highlight anything this post missed via the comments section at the bottom. Also please note that this review focuses only on tropical forests.
Rent-a-mob disrupts court proceedings against Indonesian palm oil company
(11/14/2013) A mob of 150 palm oil workers has disrupted court proceedings against Kalista Alam, an Indonesian palm oil company accused of illegally converting blocks of protected peat forests for an oil palm plantation in Aceh, Sumatra. The Kalista Alam case is widely seen as a test of Indonesia's commitment to forestry sector reform.
Indonesia finally establishes REDD+ agency to tackle deforestation
(09/07/2013) Indonesia has finally established an agency to implement the country's Reducing Emissions from Deforestation and Degradation (REDD+) program. The REDD+ agency, established by a decree from President Susilo Bambang Yudhoyono on Friday, is a ministry-level body that will coordinate a national REDD+ strategy between various ministries that influence and control land use policy across the sprawling archipelago.
Analysis: Indonesia renews moratorium on logging, palm plantations
(05/16/2013) Indonesia’s President Susilo Bambang Yudhoyono made a bold and courageous decision this week to extend the country’s forest moratorium. With this decision, which aims to prevent new clearing of primary forests and peat lands for another two years, the government could help protect valuable forests and drive sustainable development.
Indonesia officially extends forestry moratorium
(05/15/2013) The Indonesian government has officially extended its moratorium on new logging and plantation concessions in 65 million hectares of forests and peatlands for another two years. The move, which had been expected, was announced Wednesday by Indonesian President Susilo Bambang Yudhoyono.
New UN report gives Indonesia low marks in forest governance
(05/09/2013) A new UN report exposes serious flaws in Indonesia’s forest governance, serving as a wake up call to policy makers aiming to conserve forests in the country, which boasts the third largest area of tropical forest coverage in the world. On Monday, the United Nations Development Programme (UNDP) together with the Government of Indonesia launched a comprehensive forest governance index, which evaluates forest governance at the central, provincial and district levels and offers policy recommendations designed to better equip the country to conserve forests and peatlands.
Court rules for palm oil company in controversial deforestation case
(05/05/2013) Court orders Aceh governor to reverse decision to cancel palm oil concession in protected peatlands. An Indonesian court has ruled in favor of plantation company PT Kallista Alam in a lawsuit brought against the governor of Indonesia’s Aceh province for revoking the company’s license to develop palm oil plantations in a protected peat swamp forest.
Indonesian palm oil giant clearing peat forest despite its RSPO membership, alleges Greenpeace
(04/25/2013) A major Indonesian palm oil producer continues to clear rainforests in Sumatra despite being a prominent member of the Roundtable on Sustainable Palm Oil (RSPO), casting doubts on the body's effectiveness in limiting deforestation, alleges a new report from Greenpeace.
Indonesian palm oil industry would support land swaps to protect forest, while expanding production
(04/19/2013) Indonesian palm oil companies would support land swaps as a means to reduce carbon emissions from deforestation while simultaneously expanding production, representatives from the country's largest association of palm oil producers told mongabay.com in an interview last month.
Will Indonesia renew its moratorium on new forest conversion licenses?
(04/12/2013) Indonesia’s forestry minister has again said that the country will extend its two-year moratorium on primary forest and peatland conversion, which is set to expire next month.
Indonesia to raise logging, mining fees in forest areas
(04/08/2013) Indonesia's Ministry of Forestry will soon raise fees on forest exploitation activities including logging, mining, and oil and gas exploration as part of an effort to increase income from resource use.
The beginning of the end of deforestation in Indonesia?
(02/05/2013) Asia Pulp & Paper, a forestry giant that has been widely criticized for its role in driving deforestation and contributing to social conflict in Indonesia, today announced a zero deforestation policy that could have a dramatic impact on efforts to slow the Southeast Asian nation's high rate of deforestation. The policy, which went into effect February 1, is ambitious enough that one of APP's most vocal critics and agitators, Greenpeace, will suspend its highly-damaging campaign against the paper giant. The campaign against APP has cost the paper giant tens of millions of dollars in lost business since 2009. The new policy targets several of the major criticisms against APP, including deforestation, degradation of high carbon peatlands, conservation of critical wildlife habitat, and social conflict with local communities.
Indonesian province of East Kalimantan imposes moratorium on deforestation
(02/02/2013) The Indonesian province of East Kalimantan has imposed a one-year moratorium on new permits for logging, mining, and oil palm plantations, reports Reuters.
Forestry official: Indonesia should extend moratorium on new forest concessions
(01/15/2013) Despite opposition from the powerful palm oil industry, Indonesia should extend its two-year moratorium on new logging and agricultural concessions in carbon-dense peatlands and forests, said a top forestry official.
Indonesia lost 8.8m ha of forest in the 2000s, generating 7 billion tons of CO2
(12/02/2012) Indonesia's greenhouse gas emissions from deforestation could have been reduced by hundreds of millions of tons had a moratorium on new concessions in high carbon forest areas and peatlands been implemented earlier, reported a researcher presenting at a forests conference on the sideline of climate talks in Doha.
Forestry Minister: Indonesia should extend forest moratorium
(11/23/2012) Indonesia should extend its two-year moratorium on new concessions in some 64.8 million hectares of forests and peatlands until its next presidential election in 2014, said the country's top forest official.
Will designation of new administrative districts lead to more deforestation in Indonesia?
(10/24/2012) On Monday Indonesia's House of Representatives moved to establish 'North Kalimantan', a new province in Indonesian Borneo. It also voted for four new districts: Pangandaran in West Java, South Coast in Lampung, and South Manokwari and Arfak Mountains in West Papua. While the moves aim to improve governance by boosting local autonomy, they could make it more difficult for Indonesia to meet its deforestation reduction goals if recent trends — detailed in a 2011 academic paper — hold true.
Indonesia grants 342,000 ha of forest for plantations
(08/09/2012) Indonesia's Ministry of Forestry has issued permits to convert 342,709 ha of forest for plantations so far in 2012, reports The Jakarta Globe.
Indonesia to investigate palm oil company's alleged breach of deforestation moratorium
(07/23/2012) Indonesia's top official charged with implementing the country's moratorium on new concessions in peatlands and primary forest areas is calling for an investigation into alleged violations by a palm oil company operating in Central Kalimantan, reports the REDD+ Task Force.
Chart: Indonesia's forest moratorium
(07/22/2012) Indonesia’s moratorium on new forestry concessions was proposed in 2010 under an agreement with Norway to reduce emissions from deforestation and peatlands degradation. Set to begin Jan 1, 2011, the moratorium was not defined until May 2011 due to battles over what lands would be included. The moratorium was originally expected to include all forest areas, but lobbying by industrial sectors led to significant weakening, resulting in only peatlands and primary forests being included in the moratorium, with loopholes for mining and some energy and food crops.
Despite moratorium and investigation, fires rage in key Sumatran peat swamp
(06/29/2012) Several fires are burning in a contested concession within Aceh Province's Tripa peat swamp raising questions about the efficacy of a high-profile investigation by Indonesian authorities, say environmentalists.
Deforestation-based policy 'no longer tenable' says Indonesian President
(06/17/2012) Indonesia 'has reversed course' from a forest policy that drove deforestation in previous decades and is poised to become a leader in 'sustainable forestry', asserted Indonesian President Susilo Bambang Yudhoyono during a speech on Wednesday at the Center for International Forestry Research (CIFOR) in Bogor.
Indonesia's deforestation rate falls, says Ministry of Forestry
(05/25/2012) Indonesia's deforestation rate fell from 830,000 hectares per year between 2006-2009 to 450,000 hectares per year between 2009–2011, said the Ministry of Forestry Thursday during the unveiling of its revision of a map that defines the country's moratorium on new logging and plantation concessions in primary forests and peatlands.
Norway: Indonesia's forest moratorium isn't enough to meet emissions reduction target
(05/23/2012) Indonesia's moratorium on new forest concessions will not be enough to meet its 2020 emissions reduction target says the largest backer of the country's forest and climate action plan.
Indonesia revises moratorium map; makes contested orangutan forest off-limits
(05/22/2012) Indonesia is making 'encouraging' progress on its push to reduce deforestation by improving governance over its forests and peatlands, but still needs to do more to enforce environmental laws, said the head of the country's Reducing Emissions from Deforestation and Degradation (REDD+) task force speaking at a press conference Monday in Jakarta. Kuntoro Mangkusubroto, Head of the Indonesian President’s Delivery Unit for Development Monitoring and Oversight (UKP4) and Chair of the REDD+ Task Force, said an effort to develop a map of Indonesia's forests and forest concessions has been completed, although the Ministry of Forestry has yet to deliver the map to President Susilo Bambang Yudhoyono, missing last Friday's deadline. The map serves as the basis for a two-year moratorium on new forestry concessions in primary forests and peatlands had been completed.
Regency head calls for stop to palm oil development in contested peat forest in Indonesia
(05/11/2012) The acting head of Nagan Raya Regency — the location of Tripa peat swamp — on Thursday demanded a stop to a controversial palm oil development project that conservationists say threatens a population of endangered orangutans, reports Serambi Indonesia.
Palm oil is a major driver of peatlands destruction in Indonesian Borneo, finds new study
(04/27/2012) Developers in Indonesian Borneo are increasingly converting carbon-dense peatlands for oil palm plantations, driving deforestation and boosting greenhouse gas emissions, reports a new study published in Proceedings of the National Academy of Sciences. The research concludes that nearly all unprotected forests in Ketapang District in West Kalimantan will be gone by 2020 given current trends.
Environmentalists, orangutans lose court case over palm oil
(04/03/2012) Environmentalists were handed a set back in a dispute over a palm oil plantation granted in a protected peat swamp that is home to a population of critically endangered orangutans, reports the Aceh Globe and the Sydney Morning Herald.
Indonesia's moratorium will not significantly reduce emissions, but has other benefits, finds analysis
(02/27/2012) Indonesia's moratorium on new forest concessions alone "does not significantly contribute" to its goal of reducing greenhouse gas emissions 26 percent from a projected 2020 baseline, concludes a new analysis by the World Resources Institute (WRI). However the study says the moratorium does support the target in the long-term by creating a window for enacting governance reform needed to stop destructive business-as-usual approaches to forest management.
Indonesia grants exemption from logging moratorium for 3.6m ha of forest
(12/21/2011) Indonesia exempted 3.6 million hectares of forests and peatlands from protected status under its two-year moratorium on forest concessions, according to a revised version of its moratorium map released near the end of climate talks in Durban. The new Indicative Map includes 10.7 million hectares of peatlands, down from 15.5 million hectares in the previous version of the map that defines areas off-limits for new concessions. Some 1.2 million hectares of previously unprotected "primary forest" has been added to the moratorium area, resulted in a net decline of 3.6 million hectares under the moratorium, according to analysis by Daemeter Consulting, an Indonesia-based forestry consultancy.
Aceh's 'green' governor breaks Indonesia's moratorium by granting oil palm plantation, alleges group
(11/23/2011) Aceh governor Irwandi Yusuf may have broken Indonesia's moratorium on new concessions in peatlands when he approved an oil palm plantation in the Tripa peat swamp in August this year, alleges WAHLI, an Indonesian environmental group.
Why is Indonesia afraid of Greenpeace?
(10/18/2011) Last week Indonesian immigration officials in Jakarta blocked Greenpeace director John Sauven from entering the country. Sauven, who two weeks earlier had obtained the proper business visa for his visit from the Indonesian embassy in London, was scheduled to convene with his team in Jakarta, travel to the island of Sumatra, and meet with officials and Indonesian businesses at a forestry conference. The following day, Greenpeace campaigner Andrew Tait was harassed by unknown individuals who attempted to serve him with a deportation warrant.
Indonesian president signs decree to reduce projected emissions 26-41% by 2020
(09/26/2011) Indonesian President Susilo Bambang Yudhoyono issued a decree cementing his 2009 commitment to reducing his country's greenhouse gas emissions, according to a statement from the President's office.
Indonesia to launch REDD+ agency to tackle deforestation
(09/13/2011) Indonesia will establish a REDD+ agency to support the country's efforts to reduce emissions from deforestation and forest degradation, according to a statement released by Indonesian President Susilo Bambang Yudhoyono's office.
Ministry of Forestry continues to undermine Indonesia's REDD program, finds Reuters
(08/17/2011) Indonesia's Ministry of Forestry is continuing to undermine the country's ambitious forest protection program in favor of industrial forestry interests, reports Reuters.
5,000 Muslim imams to battle haze, deforestation in Indonesia
(07/18/2011) The Indonesian government plans to recruit and dispatch 5,000 Muslim imams across the archipelago to discourage forest destruction and open burning that contributes to the choking haze now spreading across Singapore and Malaysia, reports the Jakarta Post.
Indonesia's new forest moratorium map improved, say experts
(07/13/2011) The latest version of Indonesia's forest moratorium map is much improved over its predecessor, say forestry analysts from Daemeter Consulting.
REDD calculator and mapping tool for Indonesia launched
(07/13/2011) Researchers have launched a new tool to help policy-makers, NGOs, and landowners evaluate the potential benefits and costs of Indonesia's reducing emissions from deforestation and degradation (REDD+) program at provincial and district levels.
Indonesia reduces area of forest protected under moratorium
(07/07/2011) Indonesia reduced the extent of areas protected under the country's moratorium on new logging concessions, reports the Jakarta Globe.
Is the Ministry of Forestry undermining Indonesia's logging moratorium?
(06/28/2011) Indonesia's Ministry of Forestry is already undermining the moratorium on new forestry concessions on peatlands and in primary forest areas, alleges a new report from Greenomics-Indonesia. The report, The Toothless Moratorium, claims that a new decree from the Ministry of Forestry converts 81,490 hectares of forest protected under the moratorium into logging areas. The area affected is larger than Singapore.
Fire detected in plantation that allegedly breached Indonesia's moratorium
(06/28/2011) A fire is burning within a concession controlled by PT Menteng Jaya Sawit Perdana in Indonesian Borneo turning up the heat on its parent company, the Malaysia-based conglomerate Kuala Lumpur Kepong Berhad (KLK), which supplies "sustainably-produced" palm oil to companies like Cargill and is already under investigation for breaching Indonesia's new moratorium on forest conversion, according to the Environmental Investigation Agency (EIA).
Green tigers: new research shows protecting forests will deliver new economic boom for Southeast Asia
(06/27/2011) A raft of new studies show that protecting Southeast Asia's forests could provide an enormous economic lift for Southeast Asia. Indeed, the studies suggest, forest conservation, sustainable forestry, and agricultural improvements, along with investments in clean energy, could spur the rise of regional "Green Tiger" economies whose development levels surpass even those achieved during the boom years of the 1990's. The studies provide a striking rebuttal to palm oil and timber industries' claims that deforestation is necessary for the region's growth.
Alleged moratorium breach becomes test for RSPO
(06/24/2011) An alleged breach of Indonesia's new moratorium on primary forest and peatlands conversion may prove a test for the Roundtable on Sustainable Palm Oil (RSPO), an eco-certification initiative.
Indonesia to investigate palm oil company that allegedly breached moratorium
(06/21/2011) Indonesia's REDD+ Task Force will investigate charges that PT Menteng Jaya Sawit Perdana (PT Menteng), a palm oil company owned by Malaysia-based Kuala Lumpur Kepong Berhad (KLK), has cleared peat forest in breach of the country's newly-signed moratorium on the granting of new forestry licenses on peatlands and in primary forest areas. The allegation was levied by the Environmental Investigation Agency, an international NGO, and Telapak, an Indonesian group, after an on-the-ground undercover investigation. EIA and Telapak found that PT Menteng had cleared peat forest near Sampit in Indonesia's Central Kalimantan province without securing proper licenses.
Indonesia's moratorium undermines community forestry in favor of industrial interests
(06/21/2011) Indonesia's moratorium on new concessions in primary forest areas and peatlands "completely ignores" the existence of community forestry management licenses, jeopardizing efforts to improve the sustainability of Indonesia's forest sector and ensure benefits from forest use reach local people, say environmentalists. According to Greenomics-Indonesia, a Jakarta-based NGO, community and village forestry licenses are not among the many exemptions spelled under the presidential instruction that defines the moratorium. The instruction, issued last month, grants exemptions for industrial developers and allows business-as-usual in secondary forest areas by the pulp and paper, mining and palm oil industries.
Indonesia's forest moratorium
(06/17/2011) World Resource Institute's summary of key elements, and unanswered questions, in Indonesia's recent moratorium on new forest permits.
Malaysian palm oil company violates Indonesia's logging moratorium
(06/16/2011) An undercover investigation has found evidence that a subsidiary of Malaysian palm oil company has illegally cleared forest in breach of the Indonesia's moratorium on new permits in primary forest areas and peatlands.
Indonesia's moratorium map has errors, says government
(06/03/2011) The map underpinning Indonesia's moratorium on new concessions in primary forests and peatlands is "inaccurate", an Indonesian forestry official told The Jakarta Post.
Lack of clarity complicates Indonesia's logging moratorium
(05/27/2011) Lack of clarity makes it difficult to assess whether Indonesia's moratorium on new logging concessions in primary forest areas and peatlands will actually reduce greenhouse gas emissions from deforestation, according to a new comprehensive assessment of the instruction issued last week by Indonesian President Susilo Bambang Yudhoyono. The analysis, conducted by Philip Wells and Gary Paoli of Indonesia-based Daemeter Consulting, concludes that while the moratorium is "potentially a powerful instrument" for achieving the Indonesian president's goals of 7 percent annual growth and a 26 percent reduction in greenhouse gas emissions from a projected 2020 baseline, the language of the moratorium leaves significant areas open for interpretation, potentially offering loopholes for developers.
Indonesia's moratorium allows mining in protected forests
(05/23/2011) Indonesia's mining industry expects the just implemented moratorium on new forestry concessions in primary forests and peatlands to open up protected areas to underground coal and gold mining, reports the Jakarta Globe.
Indonesia's moratorium disappoints environmentalists
(05/20/2011) The moratorium on permits for new concessions in primary rainforests and peatlands will have a limited impact in reducing deforestation in Indonesia, say environmentalists who have reviewed the instruction released today by Indonesian President Susilo Bambang Yudhoyono. The moratorium, which took effect January 1, 2011, but had yet to be defined until today's presidential decree, aims to slow Indonesia's deforestation rate, which is among the highest in the world. Indonesia agreed to establish the moratorium as part of its reducing emissions from deforestation and degradation (REDD) agreement with Norway. Under the pact, Norway will provide up to a billion dollars in funds contingent on Indonesia's success in curtailing destruction of carbon-dense forests and peatlands.
Indonesia signs moratorium on new permits for logging, palm oil concessions
(05/19/2011) After five-and-a-half months of delay due to political infighting, Indonesian President Susilo Bambang Yudhoyono finally signed a two-year moratorium on the granting of new permits to clear rainforests and peatlands, reports Reuters.
Is Indonesia losing its most valuable assets?
(05/16/2011) Deep in the rainforests of Malaysian Borneo in the late 1980s, researchers made an incredible discovery: the bark of a species of peat swamp tree yielded an extract with potent anti-HIV activity. An anti-HIV drug made from the compound is now nearing clinical trials. It could be worth hundreds of millions of dollars a year and help improve the lives of millions of people. This story is significant for Indonesia because its forests house a similar species. In fact, Indonesia's forests probably contain many other potentially valuable species, although our understanding of these is poor. Given Indonesia's biological richness — Indonesia has the highest number of plant and animal species of any country on the planet — shouldn't policymakers and businesses be giving priority to protecting and understanding rainforests, peatlands, mountains, coral reefs, and mangrove ecosystems, rather than destroying them for commodities?