Deforestation

There have been some great developments around our Congo rainforest campaign, as the FT reported on its website this morning that one of the arms of the World Bank will offload the shares it owns in a company known to be destroying the forest of the Democratic Republic of Congo (DRC).

The International Finance Corporation (IFC) has announced that it will divest its holdings in Olam International, a Singapore-based company which has operations in the DRC. The Congo report we released earlier this year showed how Olam was holding forest land granted in breach of the current moratorium which the World Bank itself helped establish and that it was also trading in dodgy timber. As a result, Olam has since given back its forest holdings to the DRC government, but it still buys illegal timber cut by local companies.

Last night, ITV News featured an excellent report from Indonesia about palm oil and how plantations are replacing forests at a horrific rate. Shown as part of a series of reports about climate change to tie in with the Bali climate change conference, it showcases some aerial footage which clearly shows the devastation. Also featured is Hapsoro, one of Greenpeace South East Asia's forest campaigners, who was working at the Forests Defenders Camp when he was interviewed.

If you missed it, the report is available to view online - confusingly, it's on the CNN website but only because the ITV News site is so darned tricky to use.

Last week, Sainsbury's announced that it aims to use only sustainable palm oil in its own-brand products. Sounds great, and with Asda having made a similar announcement earlier this year, you might think supermarkets will soon be stocking only those palm oil products that weren't helping to cause the indiscriminate destruction of forests in places like Indonesia. The truth is that, while both companies score top marks for excellent intentions, delivery is going to be decidedly tricky as there is currently no credible way of telling whether palm oil is 'sustainable' or not.

The head of the UN Environment Programme has warned that the biofuel market could crash if suitable environmental standards aren't established. According to the BBC, "Achim Steiner... said there was an urgent need for standards to make sure rainforests weren't being destroyed." The story also picked out Indonesia's tropical peatlands for special mention of what it terms "biofuel folly". (Nice phrase, I'll have to remember that one!)

Mind you, Steiner was making those comments in response to an independent group of scientists who criticsied the stance taken by the Intergovernmental Panel on Climate Change (IPCC) on biofuels, which was described as "naive".