08 Jan '18, 2pm

via @Mongabay

A recent study estimates that Indonesia’s various peat-protection policies could lead to $5.7 billion in economic losses. Those losses arise mainly from the pulp and palm oil industries, which are now obliged to conserve and restore peatlands that fall within their concessions. Researchers and officials have criticized the study, saying it fails to make a holistic accounting of the environmental, social, health and climate costs from the continued destruction of carbon-rich peat areas. They warn the study’s findings could be used to undermine policies aimed at preventing a repeat of the 2015 fires that cost Indonesia an estimated $16 billion from economic disruption. JAKARTA — Experts and officials have taken issue with a new study that warns of hefty economic losses as a result of the Indonesian government’s policies to protect peatlands from being cleared by the palm oil...

Full article: https://news.mongabay.com/2018/01/study-on-economic-loss-...

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