EnvironmentalistsextensionWorld News

Environmentalists urge extension of Indonesia palm permit moratorium


Investing.com - Financial Markets Worldwide

Please try another search

ReutersCommodities11 minutes ago (Sep 16, 2021 04:21AM ET)


© Reuters. FILE PHOTO: A palm oil plantation is pictured next to a burnt forest near Banjarmasin in South Kalimantan province, Indonesia, September 29, 2019. REUTERS/Willy Kurniawan/File Photo

JAKARTA (Reuters) – Green groups on Thursday urged Indonesia to extend a moratorium on new palm oil permits and improve its implementation, warning of a risk of losing millions of acres of forest to plantation expansion.

Indonesia, the world’s top palm oil producer, launched the moratorium in September 2018 to try to stop deforestation caused by palm oil, while seeking to boost output from existing cultivated areas. The moratorium ends on Sept. 19.

Three years is not enough to solve palm issues related to deforestation, Inda Fatinaware, executive director at non-governmental group Sawit Watch, said in a virtual seminar.

“Not only the moratorium needs to be extended, but it also needs concrete governance improvement,” she added.

In its implementation, Inda said, the government has not been transparent and issues beyond permits were barely addressed.

Aside from suspending new permits, the government is required to review areas given to companies for palm cultivation that have not yet been utilised, or are suspected of being used for other purposes.

As of July 2019, the government had found 1.49 million hectare of unused concession area and over 1.5 million hectares used not in accordance with their permits, government data showed.

Some land will be re-designated as forest area.

Officials at the Coordinating Ministry of Economic Affairs, which oversees the moratorium, did not immediately respond to Reuters messages seeking comment.

Separately, Forest Watch Indonesia found deforestation linked to palm oil was continuing, despite the ban.

It estimated more than 21 million hectares (51.89 million acres) of forest could potentially be destroyed for cultivation of the vegetable oil if the moratorium ends, executive director Mufti Fathul Barri said on Wednesday.

Indonesia has over 16 million hectare of plantation area for the vegetable oil, mostly on Borneo and Sumatra islands, but expansion of cultivation has started to shift eastwards, to areas such as the Papua region.

Related Articles

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

tp

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close