SUBSCRIBERS

New haze fears emerge as palm oil firms ditch Indonesia pact

Jakarta sees IPOP as competition, says it's too difficult for smallholders to comply with

Published Tue, Jul 5, 2016 · 09:50 PM

Jakarta

ENVIRONMENTALISTS have warned of greater risks of haze and forest fires in South-east Asia after major palm oil firms ditched a landmark "zero deforestation" pact in Indonesia.

Top producers and traders said last week that the Indonesian Palm Oil Pledge (IPOP) will be disbanded, arguing that Indonesia's recent efforts to strengthen its own certification standards were sufficient.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here