New deforestation data has revealed progress in combating forest clearances across Southeast Asia throughout 2020, marking a ten-fold reduction in deforestation rates associated with palm oil plantations. At 93,800 acres, the level of deforestation stands at just a tenth of historically high levels seen in the region, according to the figures from deforestation think-tank Chain Reaction Research, while Indonesia experienced the lowest overall deforestation rates in two decades. The progress also appears to be part of a trend with 2020 marking the fourth year that deforestation for palm oil in Southeast Asia was less than 250,0000 acres. If sustained over the next decade, the palm oil industry will have avoided 1.8 billion tonnes of carbon dioxide pollution over 10 years compared to business as usual rates..

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