JAKARTA – An international forest research center released a report Friday warning that the possible flooding of Iraqi oil into the world market could contribute to the devastation of global tropical forests

The production of oil and minerals can help some countries protect most of their forests, a new report claims. The report, produced by the Indonesian based Centre for International Forestry Research (CIFOR), argues that high incomes from oil and minerals can relieve pressure on forests as the more money countries make from drilling and mining, the less temptation there is to clear forests.

JAKARTA, Jun 27, 2003 (Kyodo via COMTEX) – An international forest research center released a report Friday warning that the possible flooding of Iraqi oil into the world market could contribute to the devastation of global tropical forests. "The prospect of Iraqi oil flooding the world market over the next few years and pushing down gasoline prices is music to the ears of consumers," Sven Wunder, economist at the Indonesia-based Center for International Forestry Research (CIFOR), said in the report.

The more money they make from drilling and mining, the argument runs, the less temptation there is to clear the forests. The researchers say the real message is that economics have a marked effect on the environment. They believe cheap oil could be devastating for many tropical forests. The researchers, from the Center for International Forestry Research (CIFOR), based in Indonesia, say they receive no funding from oil or mining companies.

Low world oil prices will translate into increased pressure on the world’s fast-shrinking rain forests, an international forest research center said on Tuesday.

The Indonesian-based Center for International Forestry Research (CIFOR) said in a report that producing oil and minerals actually helps some countries protect forests and the animal and plant species that live there.

JAKARTA (Bisnis): Pemerintah Indonesia bakal kehilangan sedikitnya US$1 miliar dari utang yang kemungkinan bisa ditagih dalam kasus penjualan utang sektor kehutanan ke Bank Mandiri. Menurut analis kebijakan Center for International Forestry Research (CIFOR) Bogor, Christopher Barr dan Bambang Setiono, penjualan utang konglomerat kehutanan sebesar US$1,3 miliar-dari total utang industri kehutanan sebesar US$2,3 miliar-ke Bank Mandiri tidak akan memberikan pendapatan pemerintah.

The Indonesian-based Centre for International Forestry Research (CIFOR) says low world oil prices will translate into increased pressure on rainforests. The organisation says that while the prospect of Iraqi oil flooding the market and pushing down fuel prices is good news for consumers, it could be devastating for tropical forests.