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Items tagged 'oil palm'

HSBC bankrolls deforestation, pushing orangutans to brink

HSBC loans drive deforestation and push orangutans & endangered species to the brink LONDON: High Street giant HSBC is bankrolling the destruction of rainforests essential for the survival of Bornean orangutans and other endangered species. A new report released today by the London-based Environmental Investigation Agency (EIA), Banking on Extinction, reveals that despite adopting polices […]

The Spring 2013 issue of Investigator is now available

Welcome to the Spring 2013 issue of EIA’s bi-annual newsletter Investigator, giving you an overview of our key campaign activities during the past six months. This issue features: • our exposé of China’s conservation double standard as it signs up to save wild tigers while simultaneously stimulating a trade in the skins and parts of […]

Indonesia: Indigenous peoples now rightfully own their lands

In a landmark court ruling in Indonesia, the customary lands of indigenous people have been removed from State ownership. The ruling, given in a judicial review of a 1999 forest law which was sought by Aliansi Masyarakat Adat Nusantara (AMAN, or the Indigenous Peoples Alliance of the Archipelago), returns the rights over customary forests to […]

Rogue palm oil firm ordered to stop clearing in Muara Tae

LONDON: The Roundtable on Sustainable Palm Oil (RSPO) has upheld a complaint lodged by the London-based Environmental Investigation Agency (EIA) against a rogue palm oil company and has ordered it to immediately stop clearing customary forests in Indonesian Borneo. Singapore-listed First Resources Ltd must now cease all developments in the concession in Kutaia Barat regency, […]

RSPO fails to act as Muara Tae is destroyed

International body’s credibility called into question LONDON: The credibility of the international Roundtable on Sustainable Palm Oil (RSPO) has been called into question over its failure to act against a company bulldozing ancestral forests and perpetrating human rights abuses in Indonesia. First Resources Ltd has submitted documents to the RSPO falsely claiming that its subsidiary […]

Open for big businesses – but little people pay the price

Last month, the President of Indonesia did the international investment equivalent of, shall we say, showing a bit of leg in the US. At an event specially organised at the New York Stock Exchange, in Wall Street, Susilo Bambang Yudhoyono boasted to the assembled businessmen of the abundant natural resources on offer to potential investors. […]

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