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Environmental, Campaign & Website News > 'Money is not a problem,' palm oil CEO tells conservationists during speech defending the industry

'Money is not a problem,' palm oil CEO tells conservationists during speech defending the industry

Date : 26th October 2009, Source : Mongabay



Earlier this month at a colloquium to implement wildlife corridors for orangutans in the Malaysian state of Sabah, Dr. Yusof Basiron, the CEO of Malaysian Palm Oil Council (MPOC), told conservationists and primate experts that the palm oil industry was ready to fund reforestation efforts in the corridors. "We can raise the money to replant [the corridors] and keep contributing as a subsidy in the replanting process of this corridor for connecting forests," Basiron said in response to a question on how the palm oil industry will contribute. "Money is not a problem. The commitment is already there, the pressure is already very strong for this to be done, so it's just trying to get the thing into motion."

http://news.mongabay.com/2009/1026-hance_basiron.html





Document last updated on Tuesday 30 August 2011

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