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Commodity giant Wilmar International is using its buying clout to push suppliers to be greener, or else, setting up a battle with growers and governments that have profited from their environmentally damaging practices, Reuters reported. Given Singapore-listed Wilmar’s muscle – its refineries process nearly half the world’s palm oil – it could also drive up […]
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U.N. negotiators on Friday agreed rules on financing forest projects in developing nations, paving the way for multi-billion dollar investments from governments, funding agencies and private firms in schemes to halt deforestation, Reuters reported. The agreement on “results-based” funding for Reducing Emissions from Deforestation and Forest Degradation (REDD) was a rare breakthrough at the climate […]
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