. A staggering three million hectares of forest in Indonesia and Malaysia have been cleared to make way for oil palm during the past 15 years, and 50–60 per cent of all oil palm expansion in the two countries has occurred at the expense of natural forests. The two countries account for 85 per cent […]
A briefing on how leading bank HSBC is bankrolling unsustainable plantation expansion which is systematically destroying forests crucial to the survival of the Bornean orangutan and other endangered species. .
HSBC loans drive deforestation and push orangutans & endangered species to the brink LONDON: High Street giant HSBC is bankrolling the destruction of rainforests essential for the survival of Bornean orangutans and other endangered species. A new report released today by the London-based Environmental Investigation Agency (EIA), Banking on Extinction, reveals that despite adopting polices […]
Liquidating the Forests Hardwood Flooring, Organized Crime, and the World’s Last Siberian Tigers EIA’s new investigative report details the extent and nature of illegal logging in the Russian Far East (RFE) and tracks illegally harvested valuable hardwoods across the border into China, through factories and warehouses, to its ultimate destination in showrooms around the world. […]
LONDON: As Asia’s first-ever Voluntary Partnership Agreement (VPA) to combat illegal logging was signed into law today (September 30, 2013), the London-based Environmental Investigation Agency (EIA) cautioned that it would also serve as a test of official resolve to stamp out serious corruption in Indonesia’s forest sector. The historic timber trade agreement was formally initialed […]
LONDON: The London-based Environmental Investigation Agency (EIA) today welcomed a legal probe by Indonesia’s national anti-corruption agency into million-dollar payments by a rogue cop-turned-timber smuggler to local, regional and national police officials. The announcement follows revelations that mid-ranking Papua police officer Labora Sitorus transferred about US$1 million (10 billion Indonesian rupiah) in multiple payments to […]