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Protest against palm oil loans

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Submitted by Anonymous on Thu, 2007-04-26 15:43. | |

By Diet Simon

 

 

The Asian Development Bank is planning massive expansion of its lending for palm oil production and other destructive monocultures, including in Indonesia, says a German save the rainforest group.

 

 

Rettet den Regenwald is asking for signatures to appeal to directors of the bank not to approve any more loans for palm oil plantations.

 

 

The Asian Development Bank has played a decisive and disgraceful role in rain forest destruction by funding palm oil plantations.

 

 

The ADB is a multinational development bank of whose capital Germany owns 4.4%, the largest European holding. Together the EU states control 16.8% of the voting rights at the ADB.

 

 

“Demand of the ADB directors not to approve loans for new palm oil plantations,” exhorts Rettet den Regenwald.

 

 

More information and a sample letter are at http://www.regenwald.org/international/englisch/protestaktion.php?id=160.

“Also ask friends and acquaintances to take part in this action.”

 

 

Reinhard Behrend
Rettet den Regenwald e. V.
Friedhofsweg 28
22337 Hamburg
Tel. 040 - 4103804
info@regenwald.org
http://www.regenwald.org

 

 

 

 

 

 

 

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