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(IUCN, 2021). Aside from the main producing countries of Indonesia and Malaysia, Latin American countries are beginning to play a larger role in the global palm oil industry. SPOTT is a free, online platform that evaluates commodity producers, processors, and traders on their public disclosure on environmental, social, and governance (ESG) issues.
The deforestation continued through the 2000s at a slower pace, alongside the expansion of palm oil plantations. Half of the annual global tropical timber procurement is from Borneo. Palm oil plantations are rapidly encroaching on the last remnants of primary rainforest. Much of the forest clearance is illegal.
Species endangered by oil palm plantations. Pages in category "Species that are or were threatened by oil palm plantations" The following 5 pages are in this category, out of 5 total.
Products containing Certified Sustainable Palm Oil (CSPO) can carry the RSPO trademark. [4] Members of the RSPO include palm oil producers, environmental groups, and manufacturers who use palm oil in their products. In 2014, Indonesia accounted for 40% of global palm oil production and 44% of the total RSPO-certified areas. [5]
But oil palm plantations are the opposite. Studies have shown that oil palm plantations have less than 1% of the plant diversity seen in natural forests, and 47–90% less mammal diversity. [109] This is not because of the oil palm itself, but rather because the oil palm is the only habitat provided in the plantations.
Oil and gas producers must confront a “pivotal” choice: continue to accelerate the climate crisis or become part of the solution, the International Energy Agency said in a report Thursday.
The oil palm is a tropical palm tree, and the fruit from it is used to make palm oil. [7] The impact of climate change on the ranges of pests and diseases – especially those of coffee, cocoa, and banana – is commonly underestimated. Limiting temperature rise to 1.5 °C (2.7 °F) is vital to maintaining productivity in the tropics.
It's climate change that's the problem. 2. Get creative in sourcing innovative financing — To attract more private capital, we must accelerate efforts to better account for climate and community ...