The latest report from the Independent Forest Monitoring Network in Indonesia (JPIK) – The Loss of Our Forest and Peatland – reveals systematic and extensive encroachment, as well as illegal logging, within Sebangau National Park that reaches far into the park’s rehabilitation zone and wilderness zone
An area of Indonesian rainforest three times the size of Manhattan and home to endangered species such as orangutans and clouded leopards is under threat from a palm oil company run by one of the country’s most notorious former illegal logging kingpins
The clear-cutting of forests to make way for oil palm plantations is driving a wave of illegal logging in Indonesia, fundamentally undermining efforts to bring much-needed reform to the nation’s forestry and timber sectors
Potential investors should steer clear of a US$90 million initial public offering (IPO) in an Indonesian palm oil company due to the involvement of a former illegal logging kingpin and the potential impact on precious orangutan habitat