Liberia: Review Finds Palm Oil Firm Golden Veroleum Cleared Carbon-Rich Liberian Forests

Mar 3, 2021 | Ashoka Mukpo, Mongabay
View Original

In another blow to the Liberia-based palm oil company Golden Veroleum, an investigation by an independent grievance panel has found that it bulldozed rainforests and ignored community rights as it cleared land for its plantation operations. The investigation is the first of its kind by the High Carbon Stock Approach (HCSA), set up in late 2016 to assess the compliance of palm oil companies with their “no deforestation” commitments.