Since 2009, companies have announced new oil palm plantation projects in the Congo Basin covering a total area of 1.6 million hectares. Projects currently underway cover 500,000 hectares. A new report by Rainforest Foundation UK warns that vast areas of the Congo Basin forests are potentially threatened by the expansion of oil palm plantations.
Category: Congo Basin region
World Bank management rejects criticisms of industrial logging
The debate about the World Bank’s lending on forests is heating up after the Independent Evaluation Group’s review was leaked last week. The IEG report is very critical of the World Bank’s record in the forestry sector, particularly the fact that the Bank’s involvement in forests has failed to address poverty and has not benefited…