Indonesia revokes forest concession permits covering over 400,000 hectares

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Indonesia has withdrawn concession permits from 15 companies, covering 482,198.72 hectares (1.19 million acres) of forests, in an effort to improve governance and transparency in its natural resources sector, the investment ministry said on Wednesday.

In January, Indonesian President Joko Widodo announced more than 2,000 mining, plantation and forest-use permits had been revoked due to non-compliance or because they had remained unused, tightening oversight of the nation's natural resources.

Companies that had their permits revoked included PT Aceh Intitimber and PT Melapi Timber and others that run palm and timber plantations and logging operations across Sumatra, Kalimantan and Papua islands. By early March, the investment ministry had also revoked 283 mineral mining permits and 131 coal mining permits, the statement added.Reporting by Bernadette Christina Munthe Editing by Kanupriya KapoorSubscribe to our sustainability newsletter to make sense of the latest ESG trends affecting companies and governments.

 

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