responsible rubber sourcing. Together with the nature conservation organization World Wildlife Fund, the company has committed to achieving wildlife-friendly rubber in Asian forests that were previously cleared for rubber trees, and displaced tigers, orangutans, and elephants in the process. One example of the collaboration between Michelin and WWF is a project called Thirty Hills, on the east coast of Sumatra, Indonesia, an island that has become a deforestation hotspot.Michelin, the tire manufacturer, is the world’s largest buyer of natural rubber. It was also the first tire maker to commit to
Not everyone in the room was totally on board with, or even clear about the goals of, the Landscape Finance Lab. Mike Korchinsky of Wildlife Works explained to the group that his organization works to develop economic solutions for communities “so they can afford to let wildlife live.” The lab follows a number of attempts at landscape finance initiatives, but what remains to be seen is how inclusive WWF will be in their implementation, he said, pointing to efforts by other groups such as the Belantara Foundation in Indonesia, the Center for International Forestry Research, and the U.N. Environment Programme Finance Initiative.