Celios Study Findings: Economic Losses Caused by the Sumatra Floods
🗣️The ecological disaster in Sumatra in November 2025 is projected to have caused economic losses of Rp68.67 trillion. This figure includes damage to residents’ homes, lost household income, damage to road and bridge infrastructure, and lost agricultural production from land inundated by floods and landslides.
🗣️Specifically, Aceh Province is projected to suffer losses of Rp2.2 trillion. North Sumatra is projected to lose Rp2.07 trillion and West Sumatra Rp2.01 trillion.
🗣️The ecological disaster was triggered by land conversion resulting from deforestation for oil palm plantations and mining. Meanwhile, the contribution of mining and oil palm to provinces such as Aceh is not commensurate with the losses caused by the resulting disaster.
🗣️Celios is urging an immediate moratorium on mining permits and the expansion of oil palm plantations. It is time to transition to a more sustainable economy— a restorative economy. Without changes to the economic structure, ecological disasters will recur, with much greater economic losses.
