ALERT! Swiss Francs Threaten Indonesian Rainforests
Major Swiss banks Credit Suisse and UBS are to further fund Golden Agri-Resources [search] (GAR), the world's largest listed palm oil company, which currently produces 10 percent of Indonesia's palm oil. A further 1.3 million hectares of land are to be developed for palm oil plantations [search] with Swiss finance on the island of Indonesia Kalimantan (Borneo) and in Papua on the Western half of the island of New Guinea. Let these banks and the Swiss government know that their financing of rainforest destruction and climate change is completely unacceptable and will be protested until it ends.