Individuals from Indonesia and Liberia embroiled in land disputes with oil palm plantations have visited the Netherlands

Individuals from Indonesia and Liberia embroiled in land disputes with oil palm plantations have visited the Netherlands to call on the Dutch banks facilitating these companies’ operations to take action.⠀ ⠀

The companies in question are PT Astra Agro Lestari in Indonesia and Golden Veroleum Liberia, both of which are owned by conglomerates based in secrecy jurisdictions and which have financial links to Dutch banks ABN AMRO and Rabobank.

The banks say their relationship with the companies is only indirect, and as such, they say there is little they can do to influence them.

Friends of the Earth, which arranged for the affected individuals to go to the Netherlands, is pushing for the European Union to adopt more stringent regulations that would disincentivize banks and other institutions from investing in environmentally and socially unsustainable businesses.⠀ ⠀

#palmoillaboursolidarity #palmoil #sawit⠀ ⠀

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