Indonesia: Asia Pulp & Paper to stop cutting natural forest timber
Date: 5 Feb 2013
Asia Pulp & Paper, one of the most controversial companies worldwide for its forestry practices, has said that it is to stop using timber from Indonesia's natural forests, instead using only trees from plantations.
The company has been a regular target for environmental groups' campaigning, and its refusal to change its practices had given it the status of a bete noire.
Environmental groups have given a cautious welcome to the announcement, pointing to what the Rainforest Action Network said was a "long history of broken promises".
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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