Stores urged to raise prices of palm oil goods

Customers are willing to pay more for sustainably grown palm oil and this could prove a way for companies to profitably halt biodiversity loss

Palm oil plantations have caused harm to many species, including orangutans (photograph: Kjersti Jorgensen/123RF)Higher supermarket prices for eco-friendly palm oil could be a way for retailers to help save endangered species.

Research from the University of East Anglia (UEA) found that the conversion of tropical forests to palm oil plantations has had “a devastating impact” on a large number of plant and animal species including tigers, elephants, rhinos and orangutans.

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