Markets and trade
 

Detail

Area
Indonesia
Commodity Group
Oilseeds, oils and meals
Commodity
Oil palm
Date
01/05/2013
Policy Category
Production
Policy Instrument
Environmental policy
Description
Extended ban on clearing primary rain forest and carbon-rich peatland (e.g. for oil palm plantations), for two years.
Notes
INDONESIA – forest/peatland conservation: Indonesia approved a two-year extension to its ban on clearing primary rain forest and carbon-rich peatland. Applied by expanding palm oil and mining companies, these practices are known to represent a major source of GHG emission and thus global warming. The moratorium, which was introduced in May 2011 under a bilateral deal reached with Norway, aims at preventing deforestation and forest degradation on a total area of more than 65 million hectares (see also MPPU Aug’10).