Indonesia to Return 200,000 Hectares of Palm Oil Plantations to Forests
Indonesia, the world's largest palm oil producer, is set to return 200,000 hectares of palm oil plantations located in protected areas to the state for conversion back into forests. The move is part of the government's strategy to combat climate change and improve governance in the palm oil industry. The government has identified 1.67 million hectares of palm oil plantations within forests, with some in designated production forests and others in protected areas. Owners of plantations in protected areas will need to pay fines and restore the land. Indonesia aims to mitigate climate change and prevent illegal land use by palm oil companies.
Source: ESGNews