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Under the spotlight: Chinese banks' risky agribusiness portfolio

China is one of the world's largest consumers of agricultural commodities such as soy and palm oil that drive deforestation globally. But it isn’t just Chinese consumption of these commodities that is helping fuel forest destruction. Global Witness new analysis sheds a spotlight on the often-overlooked role of Chinese banks as some of the biggest global financiers of deforestation.

Saudi-backed group exporting grain

SALIC owns a whopping aggregation in Western Australia, Merredin Farms, which produces grain and livestock over 211,000 hectares and grows around 120,000 tonnes of grain alone each year.

West Papua revokes quarter of a million hectares of land from palm oil

Local government in Indonesia’s West Papua province has revoked permits for 12 oil palm concessions that cover an area twice the size of Los Angeles after a recent audit of palm oil concession holders found widespread administrative and legal violations. Activists have called on the government to follow up on the revocation by granting Indigenous peoples access to the rescinded concessions instead of granting new licenses to other investors.

United Nations end business with the Bolloré Group

The Bolloré Group is a major supplier to the United Nations. The UN pays Bolloré over US$50 million every year for logistics and other services. While Bolloré Group through SOCFIN has been accused of land grabbing and widespread human rights violations for years.