In April 2008, Sir Nicholas Stern told business and political leaders in Singapore:
‘ Deforestation and burning for land clearance are huge problems for the world in terms of the carbon emissions. Indonesia is the third largest emitter, largely the result of deforestation and peat fires.’
85% of Indonesia’s CO2 emissions come from deforestation, forest fires and peatswamp drainage
The oil palm sector in Indonesia is planning to create 20 million hectares of new plantations.
If this is based on deforestation, the industry will be responsible for up to half of the country’s growing greenhouse gas (GHG) emissions
Factsheet - Palm Oil & Climate Change Should be this way?
Factsheet - Palm Oil & Climate Change Who can control this?
Factsheet - Palm Oil & Climate Change Annual CO2 emissions from peat degradation, biomass decay and deforestation (1970–2004) Indonesia is the 3rd largest GHG emitter, after China and the USA. The vast majority originates from the degradation of its peatlands, accounting for 4% of global GHG emissions.
Factsheet - Palm Oil & Climate Change GHG emissions commitment period and carbon loss through development of deep peat Three metres of peat stores 1,800 tonnes of carbon per hectare (equivalent to 6552 tonnes of CO2). Palm oil development commits the majority of this carbon to degradation over a 150 year timeframe.
How would the industry be part of solution in curbing the climate change?
What are the strategic roles of the industry to solve serious governance issues in the natural resources-rich developing countries, like Indonesia?
Moratorium of Deforestation! Transitional stage towards a healthy, better and conducive business environment …
Answer Sought – Moratorium of Deforestation Maps for the basis of zero deforestation in Southeast Asia and Western Pacific: Remaining tropical rainforests as of July 2007 and areas of deforestation since 2000
Moratorium of Deforestation – Minimum Criteria for the Palm Oil Sector
Moratorium on plantation expansion within mapped forest areas until:
Peat soils are protected from clearance, drainage and degradation
High Conservation Values forests/areas are protected
Indigenous peoples’ and other forest dependent communities give their free, prior and informed consent to new plantation developments on their customary lands
Full supply chain traceability and segregation systems are established which exclude palm oil from groups that fail to meet these criteria