Asia

ESG: Indonesia signals development over deforestation curbs

  • Indonesia's environment minister's comments appear to dilute COP26's commitment to reverse global deforestation by 2030

  • Half of Indonesia is covered in forest, one of the highest figures in emerging markets (Malaysia is 70%, Brazil 60%)

  • Palm oil is c10% of Indo exports, drove worst deforestation in EM in past decade (-6% vs. Malaysia up +0.5%, Brazil -2%)

Subscribe to read this report

You can read this report by subscribing to a Starter or Pro plan today.

Already have an account? Log in

Disclosures

This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").

The Analyst certifies that the views and forecasts expressed in this report accurately reflect their personal views about the subject, securities, or issuers specified herein. In addition, the Analyst certifies that no part of their compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in this report.

Research ratings explanation and full Tellimer disclaimers