Asia Pulp & Paper (APP) has been accused of a “double default” on international creditors, after an investigation revealed that the company has decimated tropical forests it promised to conserve under “legally binding” debt restructuring agreements.
Independent tests carried out by a US laboratory IPS for Markets for Change (MFC) on the APRIL (1) paper brand Lazer IT , stocked by Officeworks, has found that the paper tested contained over 80% pulp fibre from Indonesian rainforest.
(Herald Sun / AAP, 4 Aug 2011) -- Environmentalists have praised Fuji Xerox for cutting ties with a big paper manufacturer accused of wrongfully logging Indonesian rainforests.
Despite the creation of protected areas in the Amazon and other tropical regions, rain forests worldwide are still being destroyed for a simple reason: They are worth more cut down than standing. But with deforestation now a leading driver of global warming, a movement is growing to pay nations and local people to keep their rain forests intact.