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Items tagged 'Indonesia'

Historic agreement to curb stolen timber

AFTER four years of negotiations, the EU and Indonesia have this week finalised an historic new timber trade agreement to stem the flow of illegal timber to European markets. The Voluntary Partnership Agreement (VPA) is the first ever in Asia and will govern a trade estimated to be worth about US$1 billion a year. Once [...]

‘Rogue traders’ in timber smuggling exposed

Environment groups name two kingpins in illegal international trade   THE Environmental Investigation Agency (EIA) and Telapak today (August 5, 2010) name two of the kingpins in Indonesia profiteering from the hugely lucrative international trade in stolen timber. In the new report Rogue Traders: The Murky Business of Merbau Timber Smuggling in Indonesia, London-based EIA [...]

Norwegian cancellation of investment in Malaysian logger highlights need for review of wider investments in deforestation operations

LONDON: The Environmental Investigation Agency (EIA) commends Norway’s divestment of its pension fund’s shares in Malaysian logger Samling Global this week, but calls for a more comprehensive review of the fund’s wider investments of over $400 million in other controversial forestry and plantation companies. On August 23, the Norwegian Ministry of Finance announced the sale [...]

EU ban on illegal timber is passed

Important first step towards shutting down the timber barons must now be backed up with stiff penalties   THE European Parliament has today (Wednesday) voted overwhelmingly for legislation to ban illegally logged timber and wood products from all EU territories. London-based campaigning group the Environmental Investigation Agency (EIA) has been at the forefront of efforts [...]

EU outlaws all illegal timber

Campaign group ‘ecstatic’ at major victory against the timber barons.

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