"Palm Oil Giant Vows To Spare Most Valuable Indonesian Rainforest"

"The world's second biggest palm oil company has agreed to halt deforestation in valuable areas of Indonesian forest, bowing to pressure from western food processors and conservationists.

Golden Agri-Resources Limited has committed itself to protecting forests and peatlands with a high level of biodiversity, or which provide major carbon sinks, as part of an agreement with conservation group the Forest Trust.

However, the agreement announced on Wednesday will still leave GAR free to exploit other areas of forest, and land that is judged to be of lower conservation value."

Fiona Harvey reports for the UK Guardian February 9, 2011.