World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Warning to Financiers - Don't Fund Forest Destruction

Press Information From The European Environmental Paper Network (EEPN)

FOR IMMEDIATE RELEASE - Tuesday 6 November 2012

Warning to Financiers - Don't Fund Forest Destruction

Financial institutions have been warned today to avoid investments in pulp and paper mills associated with deforestation and human rights abuses in Indonesia. Sixty environmental and social non-governmental organisations, including a dozen Indonesian civil society groups, have sent letters to banks and other financial institutions around the world asking for assurances that they will not invest in increased pulp milling capacity by Asia Pulp and Paper (APP) or other companies associated with the Sinar Mas Group until reforms have been achieved.

Three representatives from Indonesian social and environmental NGOs that are signatories to the letter will travel to Europe this week to meet with investors, governments, NGOs and media in eight countries. They will present information on the social and environmental impacts of APP and other Indonesian pulp and paper manufacturers.

Aidil Fitri, who will travel to Europe to represent Yayasan Wahana Bumi Hijau, said, 'In South Sumatra APP is destroying natural peat lands forest, which is a living place for Sumatran tigers. In Jambi, Sumatra, APP has caused the loss of livelihood resources of thousands of local people. In Riau, Sumatra, APP is strongly indicated to have links with an illegal logging scandal and is currently being investigated by the Ministry of Environment.'

Asia Pulp and Paper (APP) is one of the world's most controversial pulp and paper companies. It is reported to be planning a new pulp mill in Sumatra, Indonesia where the company is estimated to have already pulped more than two million hectares of natural forests. This new mill would produce between 1.5 and 2.0 million tonnes per year of bleached hardwood pulp, making it the largest single pulp line in the world.

The letter highlights APP's past failures to honour its environmental covenants and to fulfil its financial obligations to investors. It also points to the loss of market confidence in APP, signaled by the loss of a number of high-profile customers (such as Staples, Office Depot, Hasbro, Mattel, Unilever, Nestle, Danone, Xerox and Mondi) as a result of concerns about its deforestation practices, community conflicts and the business and reputational risk to buyers.

Sergio Baffoni, Indonesian Forests Campaign Co-ordinator for EEPN, said, 'APP's hunger for fibre for cheap paper already leads them to unsustainable and legally questionable deforestation. Expansion of their pulp capacity will inevitably involve conversion of more and more rainforests into plantations, endangering species, violating local peoples’ rights and accelerating climate disaster.'

Bustar Maitar of Greenpeace International said, 'Asia Pulp & Paper's repeated promises to become sustainable have been proven greenwash time and time again. Financial institutions should not be involved in APPs' deforestation in Indonesia.'

--

Notes for editors

1. The European Environmental Paper Network (EEPN) is a coalition of 64 environmental and social NGOs in 24 countries that share a common vision for transforming the European paper industry to become ethical and sustainable.

2. The letter has been delivered to banks and investors in Indonesia, China, Japan, USA, South Africa, Switzerland, Germany, France, Austria, Taiwan, Australia and Sweden and published on the EEPN's website: http://environmentalpaper.eu

Forest Peoples Programme

http://www.forestpeoples.org

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Gaza: Worst And Bloodiest Day Since The Beginning Of The Offensive

• Mass Killings in al-Shuja'iya Neighborhood in Gaza and Dozens of Dismembered Bodies Are in the Streets; More>>

ALSO:

Russia: Lack Of Access At Crash Site Of MH17

We are deeply concerned by the Russia-backed separatists’ refusal to allow OSCE monitors safe and unfettered access to the crash site of Malaysia Airlines flight MH17. Yesterday, the monitors were allowed only 75 minutes at the site. Today, they ... More>>

ALSO:

Syria: Palestinians In Refugee Camp 'will Likely Go Hungry'

Unable for more than a month now to deliver food and other supplies to Palestinians trapped in a refugee camp near Damascus, the United Nations agency tasked with ensuring their well-being said today it is urgently seeking to resume its humanitarian activities, ... More>>

Al Jazeera: Egypt Verdict Defies Logic And Any Semblance Of Justice

Following today’s verdict in Cairo, Al Jazeera English managing director Al Anstey said: “Today three colleagues and friends were sentenced, and will continue behind bars for doing a brilliant job of being great journalists. More>>

Papua New Guinea: Indonesian Troops Fire On PNG Soldiers Along Border

Indonesian troops have opened fire on a PNG Defence Force border patrol, increasing further tension at the Papua New Guinea-Indonesia border. The flare-up at the border compelled the Minister for Foreign Affairs and Immigration to summon the Indonesian ... More>>

World News: Internet Well On Way To 3 Billion Users - UN Telecom Agency

Releasing new statistics today, the United Nations International Telecommunications Union (ITU) announced that by end 2014, there will be nearly three billion Internet users – two-thirds of them from the developing world – with mobile-broadband ... More>>

Syria: Gunfire Impedes Food Delivery To Palestinian Refugees

Gunfire stopped distribution of food today in a besieged Palestinian refugee camp, a United Nations spokesperson confirmed today, reiterating demands that the UN agency assisting Palestinian refugees be allowed to safely and without interruption distribute ... More>>

Ukraine: Ban Welcomes Release Of Abducted Military Observers

Secretary-General Ban Ki-moon has welcomed the release earlier today of European military monitors and accompanying Ukrainian staff abducted a week ago in the country's crisis-torn eastern region, even as he expressed sadness at the loss of life... More>>

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news