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Time to safeguard Southeast Asia’s forests from palm oil
China's commitment and financing key to turning risks into opportunities, transforming value chain
Fei Li   14 Sep 2021
Palm oil is a highly productive crop, being the most produced type of vegetable oil in the world at nearly 72 million tonnes annually . However, as productive as palm oil can be, its extraction or production contributes significantly to global forest loss and biodiversity degradation. Nearly 220 million hectares of forests, an area larger than the size of Germany, have been lost due to palm oil production since 1990.  
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