A palm oil company, a group of U.S. venture capitalists, and the destruction of Peru’s rainforest
Food Environment and Reporting Network
DECEMBER 31, 2024
The company has replaced its trucks and tractors with mules and water buffalo and has vowed not to expand its operations into standing forest. The global market for palm oil, valued at more than $70 billion last year, is experiencing steady growth, driven by its use in products as varied as food, beverages, biofuels, and cosmetics.
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