https://www.ecowatch.com/palm-oil-plantations-forests-conversion-indonesia.html
Indonesia, the top producer and exporter of palm oil globally, said 494,210 acres of palm oil plantations will be replaced with forests.
Call me pessimistic, but I assume the reasons are entirely economic, and one or all of the below apply, unless proven otherwise:
a) the areas are not productive, or are projected to be, so are being abandoned
b) they'll fell 200+k hectares of more productive forest to compensate
c) a reduction in palm sugar utilization has crashed the price, forcing them to reduce production to stay profitable.
Never believe some capitalist, or the governments they own, does anything for altruistic purposes... It's always about profit — any justification to the contrary is spin.
Edit: just read the story. 200k is one years worth of deforestation at the current rate, and only like 1.1% of existing palm oil plantations. May be good, but generally inconsequential.
You're right, either Indonesia fixes every square meter of deforestation at once or they're actually not helping the environment.