FPP and Fern release new report Cutting Corners - World Bank's forest and carbon fund fails forests and peoples
A new report by the Forest Peoples Programme launched today demands greater accountability from HSBC, the biggest bank funding the palm oil sector in South East Asia. The fast-expanding palm oil sector is known to be a major driver of deforestation and the take-over of indigenous peoples' lands without their consent. Conflicts between indigenous peoples and palm oil companies are widespread in Malaysia and Indonesia.
Embargoed for 11.30 am local time Barcelona on Tuesday 7th October 2008
As demand soars for new sources of food, energy and wood fibre, without strong land rights, vulnerable forest communities face greater poverty, violent conflict, and few benefits from carbon sales according to studies delivered at an event in the House of Commons hosted by Martin Horwood, MP for Cheltenham.
Bonn, Germany The findings of two new reports launched today at the Convention on Biological Diversity emphatically demonstrate that global biodiversity will continue to be lost if Protected Areas fail to recognise and respect the rights of indigenous peoples and local communities. The research, conducted in the largest mangrove forest in the world, conversely shows that customary use is fully compatible with conservation and sustainability.
This morning Indigenous Peoples' representatives formally withdrew from the meeting of the Working Group on Protected Areas of the international Convention on Biological Diversity to protest the suppression of their effective participation at the meeting, being held this week at FAO headquarters in the Italian capital.