Forests: Conservationists Decry Palm Oil Giants’ Exit from HCSA Forest Protection Group

Mar 7, 2023 | Hans Nicholas Jong, Mongabay
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Two major palm oil companies recently exited a committee that helps identify forest areas for protection, bringing the total number of firms quitting the framework since 2000 to four. The committee, called the High Carbon Stock Approach (HCSA), is a widely supported mechanism to distinguish forest areas that should be protected from degraded areas that can be developed.