A pending $900 million deal threatens forests, peatlands and - TopicsExpress



          

A pending $900 million deal threatens forests, peatlands and communities across Indonesia. The deal expands BW Plantation (BWPTs) holdings from just under 100,000 ha to over 400,000 ha, propelling it into the rank of Indonesia’s third largest palm oil company listed on the IDX. However, 75% of the new land bank - with holdings in Papua, Sulewesi, West, East and South Kalimantan and Sumatra - is unplanted and includes large tracts of rainforests, Indigenous and local community lands, and areas of carbon-rich peatlands.
Posted on: Wed, 03 Dec 2014 05:21:48 +0000

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