Stories: Project POTICO: Palm Oil, Timber & Carbon Offsets in Indonesia

Rainforest Preservation Project Underway in Indonesia

Palm Oil, Timber and Carbon Offsets (POTICO), a project of the World Resources Institute (WRI) and the NewPage Corporation, is making progress toward conserving rainforests in Indonesia by creating an ecologically and fiscally sustainable palm oil industry.

WRI, NewPage Launch Partnership to Protect Indonesian Forests

The World Resources Institute (WRI) and NewPage Corporation today announce a partnership to protect forests in Indonesia. NewPage will substantially fund WRI’s “Project POTICO” (Palm Oil, Timber, Carbon Offsets), an initiative to combat illegal logging and preserve virgin rainforests in Indonesia by diverting new oil palm plantations to degraded lands.

A new study by WRI and other researchers finds that much of the world’s deforestation is isolated in a handful of “hotspots,” not spread out over many nations and many locations.