APRIL's Biodiversity and Restoration Commitments Take Center Stage at IUCN Geneva
Jakarta. In an important moment for global biodiversity, the International Union for Conservation of Nature (IUCN) Leaders Forum 2023 in Geneva convened stakeholders from businesses, governments and NGOs from around the world last week to discuss the opportunities and challenges relating to Global Biodiversity Framework (GBF), which seeks to halt and reverse biodiversity loss by 2030 and achieve a world living in harmony with nature by 2050.
At the forum’s plenary session, Anderson Tanoto, Managing Director of RGE, joined Grethel Aguilar, Acting Director-General of IUCN; Kirsten Schujit, Director-General of WWF; and Yutaka Matsuzawa, Japan's Vice-Minister for Global Development. He highlighted progress the RGE Group has made in integrating biodiversity-related initiatives into its business model since announcing a $100 million commitment to nature and conservation at COP 2015 in Paris.
At APRIL in Riau Province, Indonesia, a leading pulp and paper producer, its production-protection approach includes a unique 1-for-1 commitment, ensuring half of the land managed by the company is allocated to nature for forest and biodiversity conservation and restoration. The company is 80 percent of the way towards fulfilling this commitment, he said.
APRIL’s efforts include the conservation and restoration of more than 150,000 hectares of ecologically diverse tropical peat forests under its Restorasi Ekosistem Riau (RER) program, which, at twice the size of Singapore, is one of the largest private sector forest restoration projects in Southeast Asia.
"In the last 8 years, we have been able to conserve around 370,000 hectares of land or five times the size of Singapore” within the landscapes managed by APRIL," Anderson said. APRIL has also locked in a funding solution to help finance its conservation and restoration actions for the long term.
“For every single hectare of wood that we produce from plantations, we are imposing an internal tax of one dollar, which is directed toward the conservation program and the production-protection model,” he added.
Such initiatives align with APRIL2030, the company's vision for meeting the climate challenges of the next decade. Biodiversity targets under APRIL2030 include zero net loss of conservation areas, protecting wildlife, effectively conserving 50 percent of APRIL-managed areas and a 50 percent increase in productivity from the same landbank through sustainable intensification.
According to Anderson, the private sector has the means to be a driving force of sustainability and biodiversity initiatives and in closing remarks at the plenary, he encouraged others in the private sector to integrate biodiversity protection into their sustainable practices and supply chain.
The Latest
W. Jakarta Immigration Chief Detained in Probe Into Foreign Residency Permit Corruption
The Corruption Eradication Commission has detained an immigration chief as it investigates alleged corruption in foreign residency permits.Jakarta Stocks Plunges 5% Midday as Rupiah Hits Record Low at Rp 17,900
JCI plunged nearly 5% after the rupiah hit a record low against the US dollar, triggering a broad market selloff.Rupiah Hits Rp 17,926 Against US Dollar Amid Oil Surge and Geopolitical Risks
Rupiah fell to Rp 17,926 per US dollar as rising oil prices, Middle East tensions, and strong dollar demand weighed on sentiment.Indonesia to Cut Royalty Income Tax for Writers to 1.5%
The tax cuts will be available for authors who publish work with a clear International Standard Book Number (ISBN).Shinhan Bank Indonesia Launches Flazz Top-Up Feature on SOL Indonesia Application
Shinhan Bank Indonesia enables seamless Flazz top-ups via the SOL Indonesia mobile banking app.Most Popular
