Banks have arranged more than $425 billion of financing for the companies most responsible for deforestation over the past decade.That includes $72 billion provided to the beef, palm oil, soy, rubber, timber and paper industries in the past 18 months, according to data compiled by Forests & Finance since the Paris Agreement was announced in 2015.“This is really showing that the financial sector isn’t aligning its financial flows with the objectives of the Paris Agreement,” said Stephanie Dowlen, one of the ...

Company: Golden Agri-Resources LimitedBloomberg ticker: GGR SPMarket cap: US$3,254mBackground: Golden Agri-Resources Limited, an Indonesian company, is a leading global producer of palm oil. It operates large-scale plantations and mills across Indonesia. The company’s business encompasses the entire palm oil value chain, from cultivation to processing and distribution of its diverse brands, including Filma and Kuncimas.World Class Benchmarking of Golden Agri-Resources Ltd Profitable Growth rank of 7 was up ...

The EU and Indonesia have concluded talks on a free-trade deal that includes zero tariffs on palm oil exports from the South East Asian country. The draft agreement, described by EU Trade Commissioner Maroš Šefčovič as “a game-changer for both our economies”, removes Indonesia’s duties on certain EU agri-food products. EU farming lobby groups Copa and Cogeca welcomed the deal, which will head to the European Council and European Parliament for approval. However, the zero-tariff rate on Indonesian palm o ...

期货热点追踪 - 印尼GAPKI紧急叫停棕榈油出口专项税上调政策 [1] - 行业认为此次税率调整存在重大决策失误 [1]