Sri Lanka has banned imports of palm oil and new palm plantations and told producers to uproot existing plantations in a phased manner. Coconut plantations will also be uprooted at a rate of 10pc to make way for rubber or other environmentally friendly crops each year.
Environmentalists say palm oil production has led to widespread deforestation and damage to ecosystems but whether the plants themselves are more environmentally damaging compare to other monocrop has been debated.
Sri Lanka's President Gotabaya Rajapaksa said in a statement the aim was to "make the country free from oil palm plantation and palm oil consumption." Environmentalists say palm oil production has led to widespread deforestation and damage to ecosystems. Sri Lanka imports around 200,000 tonnes of palm oil every year, mainly from Indonesia and Malaysia, traders estimate. "Those companies and entities which have done such (palm oil) cultivations shall be required to remove them in a phased manner with 10 per cent uprooting at a time and replacing it with the cultivation of rubber or environmental friendly crops each year," the statement from president's office said. Sri Lanka's palm oil industry has invested 26 billion Sri Lankan rupees ($131 million) and the country has around 11,000 hectares of palm plantations - just over 1 per cent of the total area planted with tea, rubber and coconut, according to estimates from the country's Palm Oil Industry Association.
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