NGOs call on MEPs to vote in favour of the own initiative report on Palm Oil and Deforestation of Rainforests
Twelve NGOs have come together to ask MEPs to vote in favour of the own initiative report on Palm Oil and Deforestation of Rainforests on 4 April. The NGOs particularly welcome the call for an EU Action Plan on Deforestation and Forest Degradation on the grounds that as a major consumer and a hub of international finance, the EU has a special responsibility. The NGOs believe the own initiative report takes the EU one step closer towards regulatory action to remove deforestation from the EU’s supply chains and to stop banks and other financial institutions funding deforestation. The NGO letter comes out at the same time as a letter from palm oil producing countries, asking MEPs to reject the own initiative report.