Asia Pulp & Paper supports new foundation to address deforestation

Asia Pulp and Paper has launched a new initiative, the Belantara Foundation, to direct funding to protect Indonesian rainforests. The Foundation will use an innovative, multi-stakeholder approach to deal with deforestation, a model which it believes will provide a example of best practice that can be replicated by others. That approach includes the importance of a holistic view—the Foundation will work with existing projects—and a global reach to secure funding. The Foundation will be looking for major commitments from the corporate world, with support by government and civil society, to address forest loss in Indonesia, which contributes to global warming. The Advisory Board includes the noted environmentalist, Tony Juniper