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The World Bank is Wrong: Oil palm plantations cannot be 'sustainable'
Oil palm monoculture plantations are not and will never be sustainable” say environmentalist organizations such as Biofuelwatch, Rainforest Rescue, Ecologistas en Accion and the World Rainforest Movement, after the review process –more formal than real- of the World Bank investments in oil palm.
"Oil palm monoculture plantations are not and will never be sustainable” say environmentalist organizations such as Biofuelwatch, Rainforest Rescue, Ecologistas en Accion and the World Rainforest Movement.
The World Bank has been investing in palm oil for 45 years. During that period, palm oil production and demand have grown manifold. Palm oil plantations cause land conflicts, rainforest destruction and the death of orangutans. By 2009, the World Bank could no longer ignore the ongoing complaints. Funding for palm oil was suspended and a new palm oil policy was announced. Now, however, the World Bank seems keen to return to 'business as usual' as far as palm oil funding is concerned.
