Over the past 15 years the production of palm oil has increased enormously, and not without reason: palm oil, pressed from the fruit of the oil palm, is cheap and is used in many different products. It is processed in ice cream, chocolate, margarine and sauces, but also in personal care products and cosmetics such as lipstick, detergent, toothpaste, soap and biofuel. Unfortunately, the large demand for palm oil has quite some negative side effects: large-scale deforestation, pollution, 'land grabbing' and above all human rights violations are common practice in countries where palm oil is produced.
Tax evasion costs 145 countries, representing over 98% of world GDP, more than US$3.1 trillion annually. This is concluded by the Tax Justice Network in a recently published report. With their campaign 'Tackle Tax Havens' the network wants to inform the public of the negative impact of tax havens on the global economy.
Last week, President Museveni announced that the government will not necessarily stick to its plan to clear one third of Mabira rainforest for the cultivation of sugar cane. The president said that his government is open to alternative ways to increase Uganda's sugar production. Before, Museveni had said that his decision was final, but pressured by national and international environmental activists (including Member of Parliament Beatrice Anywar) he agreed to consider other options.
The planned initial public offering (IPO) of Malayan state-owned enterprise Felda Global Ventures Holdings (FGVH) will take place this month (28th June). It will be underwritten by Deutsche Bank, JP Morgan and Morgan Stanley; with an expected valuation of around 2.5 billion Euro this will be the second biggest IPO ever, trailing Facebook. A significant detail is that FGVH is controlled by the governing part UMNO, led by Prime Minister Mohd Najib Abdul Razak. The upcoming privatisation might be prompted by a need to generate capital for the upcoming elections.
Clive Chibule from Zambia won the Gender Just Climate Solutions Award at the climate conference in Katowice, Poland. His project "Community strategies for climate-resilient livelihoods" aims at training rural women on leadership and climate resilience. A very important project, as Zambia is already feeling the effects of climate change, and rural women are affected most.
“I will not go!” Sena Alouka yells in the bus along the highway as we pass a desolate farm that is totally surrounded by bulldozers and soil that has been turned and ploughed. A familiar sight for most of the riders in the bus, which includes nine Africans, an Indonesian and a handful of Dutch people. Evictions and land expropriations are an almost daily occurrence in Africa and Indonesia. And then the whole group spontaneously chants: “I will not go! We will support you!”
More than 100 international experts and social activists gathered from 5-8 November in Brussels, Belgium, for a 'Week of Action' to call attention to the negative effects of International Investment Treaties (IIA) on human rights and the environment.