The framework reflects the World Bank Groups (WBG's) conclusion that in light of continued growth in demand for palm oil and its comparative advantages compared to other vegetable oils, the potential to mitigate environmental and social risks, and the opportunities to deliver development benefits, there is a compelling need for concerted multi-stakeholder action to strengthen development impacts, mitigate negative consequences and build sustainability...
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Citation
The World Bank Group Framework and IFC Strategy for Engagement in the Palm Oil Sector (English). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/584451725027030621