16 May '11, 5pm

Is Indonesia losing its most valuable assets?

7 conglomerates control 9M ha of land in Indonesia (05/05/2011) Efforts to slow deforestation in Indonesia should include curtailing further expansion of forestry holdings by giant conglomerates, says an Indonesian activist group. Analyzing data from the Ministry of Forest's Production Forest Utilization Quarterly Report , Jakarta-based Greenomics-Indonesia found that seven conglomerates in Indonesia control more than 9 million hectares of land, including large forest concessions that will likely be exempt from any moratorium on forest clearing established under the country's Reducing Emissions from Deforestation and Degradation (REDD) program. The extent of holdings could complicate Indonesia's efforts to reduce emissions from logging and plantation development. Losses from deforestation top $36 billion in Indonesian Borneo (04/29/2011) Illegal forest conversion by mining...

Full article: http://news.mongabay.com/2011/0516-op-ed_jakarta_post_ind...

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