Tag: indonesia

stolen timber
Press Release

Historic agreement to curb stolen timber

Following four years of negotiations, the EU and Indonesia have this week finalised an historic new timber trade agreement to stem the flow of illegal timber to European markets. The Voluntary Partnership Agreement (VPA) is the first ever in Asia and will govern a trade estimated to be worth about $1 billion a year

Man in destroyed forest
Press Release

Norwegian cancellation of investment in Malaysian logger highlights need for review of wider investments in deforestation operations

The Environmental Investigation Agency (EIA) commends Norway’s divestment of its pension fund’s shares in Malaysian logger Samling Global this week, but calls for a more comprehensive review of the fund’s wider investments of over $400 million in other controversial forestry and plantation companies