Companies that illegally log tropical forests in Indonesia may in future find it harder to sell their product on the international market, as the most important group of New Zealand timber importers has vowed to quickly phase out purchasing wood from Indonesia that can’t be verified as legally harvested. By (more…)

The world’s second-biggest palm oil company has agreed to preserve critical Indonesian rainforest and peatland as a result of pressure from major food processors and conservationists.

While Golden Agri-Resources (GAR) will still be able to exploit some areas of forest, company officials have vowed to spare (more…)

Rampant illegal logging in Indonesia is undermining the sustainability and strength of the forest products industry in Indonesia and the United States and thwarting efforts to preserve forests to slow global warming, according to a new report.

The report by the BlueGreen Alliance and several U.S. environmental and labor organizations said that 40 to 55 percent of Indonesia’s timber is harvested illegally, often from protected areas.

Widespread illegal logging in Indonesia and elsewhere has depressed timber prices worldwide, costing the logging, wood, paper and cabinetry industries more than $1 billion in the U.S. alone, the report said. (more…)

Ormat Technologies is combining with Itochu Corporation to build a 330 megawatt (MW) geothermal power plant in Northern Sumatra, Indonesia.

The project will cost an estimated $800 million, according a report in Reuters. Ormat and Japan’s Itochu Corp. were originally awarded the contract in 2006 and are working in collaboration with Indonesian energy firm PT Medco.

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