The emerging expansion of oil palm plantations in Indonesia has given rise to significant environmental and social problems. To address these issues, it is important to map out who are the owners and investors behind this expansion. This study shows that the palm oil sector is rather concentrated in the hands of a few tycoons. In particular, the study explores:
- Which part of the Indonesian palm oil sector is dominated by tycoon-controlled business groups;
- Who the tycoons are who control these groups; and
- Which banks are supporting these tycoons to build their palm oil groups.