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Date: April 29, 2024 Mon
Time: 10:45 pm
Time: 10:45 pm
Results for natural resources exploitation
1 results foundAuthor: Environmental Investigation Agency Title: Clear-Cut Exploitation: How International Investors & REDD+ Donors Profit from Deforestation in West Papua Summary: • Indigenous landowners in Sorong, West Papua province, are being exploited by the Kayu Lapis Indonesia Group (KLI) for plantations development – at great cost to them and their forests. • Documents obtained by EIA/Telapak reveal “land rental” agreements provide Moi landowners with as little as US$ 0.65 per hectare – land projected to be worth US$ 5,000 per hectare once developed. • Timber payments are equally bad: KLI has paid landowners as little as US $2.8 per cubic metre of merbau – wood KLI sells for US$ 875 on export. • Legal norms in permit allocation and timber harvesting have been routinely flouted, with little to no law enforcement by either the national or provincial government. • International investors – including Norway’s Government Pension Fund Global (GPFG) – are profiting from the situation. This highlights a failure to incorporate commodity and investment market reforms into the REDD+ agenda, resulting in the perverse financial incentives of those markets continuing to undermine efforts to reduce deforestation and deliver sustainable development for Indonesia's indigenous peoples. Details: London: EIA, 2012. 9p. Source: Internet Resource: Accessed March 28, 2013 at: http://www.eia-international.org/wp-content/uploads/EIA-Clear-Cut-Exploitation-FINAL-v2.pdf Year: 2012 Country: Papua New Guinea URL: http://www.eia-international.org/wp-content/uploads/EIA-Clear-Cut-Exploitation-FINAL-v2.pdf Shelf Number: 128155 Keywords: Deforestation (West Papua)Forest ManagementIllegal LoggingNatural Resources ConservationNatural Resources Exploitation |