How much rainforest can you destroy with $12 million? Quite a lot, actually...
According to a recent report by the Indonesian policy group Greenomics, an Indonesian oil palm company plans to spend $12 million over the next three years to clear over 38,000 hectares of intact rainforest in Papua.
That's an area roughly the size of 75,000 football fields.
The Indonesian province of Papua encompasses the western half of the island of New Guinea. Its ancient rainforests are among the biologically richest ecosystems on Earth.
Notably, the oil palm company planning to fell the forests, known as PT Austindo Nusantara Jaya Tbk -- or ANJT for short -- has been a key supplier of the mega-corporation Wilmar, the world's biggest palm oil producer.
Earlier this year Wilmar issued a "no-deforestation pledge", promising not to clear any more forests for palm oil production.
Clearly, Wilmar's pledge will be laughable if it promises it won't clear forests, and then simply buys palm oil from ANJT -- which is busily bulldozing some of the world's most biologically diverse and carbon-rich rainforests.
So, let's all keep a sharp eye on Wilmar -- while urging it to steer clear of forest-killing companies like ANJT.