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Yield Improvement & Carbon Management - A Strategic Priority For The Palm Oil Industry
Today Indonesia & Malaysia accounts for more than 80 percent of the world's total palm oil production.
Breakthroughs on high-yielding planting materials continue to be an important emphasis for palm oil companies to help increase productivity and relieve pressure to extend palm cultivation.
Today, there are fertiliser recommendation systems that allow agronomists to ascertain accurately the nutrient balance and fertiliser required for the plantation to ensure sustainable usage.
CMT's 3rd Palm Oil Summit is THE EVENT event to attend if you are seeking updates on thefollowing:
PLUS you will network with
Palm oil producers - from CEOs, MDs to Plantation Advisors,Agronomists, Scientific Officers,R & D Dept Heads to Sustainability Directors, Millers,Palm Oil Traders, IndependentAgronomy Advisors,Plantation Consultants, IT Solution Providers,Milling Technology, Equipment Suppliers,Fertiliser Companies, Palm Oil Research Institutes, Agriculture Depts,Researchers, Crop Science and Agri Biotech Cos
Learn more on Dr Brian Forster’s presentation on Breakthroughs in High-Yielding Planting Materials, as reported by Agro Asia News (August 2011), by clicking here.
Stay tuned for our next Palm Oil Summit in 2012!
The 3rd Palm Oil Summit is meeting next week in Bali, to an audience of top Palm Oil industry executives, many of whom are attending to network with:
To raise your company's profile, confer with leading industry experts and stay updated on latest developments confirm your attendance at the 3rd Palm Oil Summit conference before they sell out.
Those who are yet to confirm their participation for the conference should do so immediately. Click on the link below to register online.
WASHINGTON, April 1 (Reuters) - The World Bank lifted an 18-month global moratorium on lending for new palm oil investments, endorsing a new strategy that focuses on supporting small farmers that dominate the sector.
The poverty-fighting institution suspended new investments in the palm oil sector in September 2009 to review its lending practices and to conduct global consultations in the $30 billion industry.
After meeting with 3,000 stakeholders, including farmers, environmental and social groups, and businesses, the World Bank's private-sector lender, the International Finance Corp (IFC), said palm oil investments could contribute to economic growth and reduce poverty, while also being eco-friendly.
Palm oil companies have said the industry has been unfairly vilified for cutting down forests and draining peatlands -- contributing to huge amounts of planet-warming carbon dioxide entering into the atmosphere.
Malaysia and Indonesia produce 85 percent of global output of palm oil. In addition to food, demand for palm oil is surging as more of the commodity is used for nonfood uses such as soaps, detergents, cosmetics and biofuels.
At 3rd Palm Oil Summit in Bali, invited speaker Mr. Satrio Prabowo Soeharto, of International Finance Corporation (IFC) is slated to share his views on the new approach for investment in the palm oil sector.
Given that Malaysia and Indonesia account for more than 80 percent of the world's total palm oil production, it is timely that the summit returns to Bali on the 18 & 19 July, with the theme ‘Yield Improvement And Carbon Management.’
European investors are lining up money to fund biomass projects in Malaysia but the local oil palm plantation industry doesn't seem to know this.
According to the European Union (EU)-Malaysia Biomass Sustainable Production Initiative (Biomass-SP), an EU-led industry body, there are 10 investors keen to fund biomass projects where plantation wastes like fruit bunches are used to produce electricity.
Biomass-SP technical adviser Datuk Leong Kin Mun said most of the investors were from the EU and very keen on funding biogas projects, where gas from fermented wastes is trapped and used as fuel, and could invest about RM3 million to RM4 million per venture.
With Malaysia’s implementation of favourable feed-in tariffs to encourage palm oil millers to go into biogas to electricity, European investors are lining up to fund these projects.
Many palm oil millers around the region are looking at this opportunity to turn their waste into green solutions from electricity to organic fertilisers.
3rd Palm Oil Summit on 18-19 Jul 2011 in Bali will throw light on above prospects, via informative session by Mr. Samuel West Stewart, President of PT. Asia Biogas Indonesia, as he presents a case study on Converting EFB to Power & Methane Capture which will demonstrate economies of scale to lower cost per kWh.
In addition, Mr. Dorjee Sun, CEO of Cabon Conservation Pty Ltd will deliver a paper entitled Organic Composting of Palm Oil Waste to Fertiliser, that focuses on a truly zero waste solution and zero carbon emissions.
"It's only through sustainable management of natural resources we can achieve the government's target, with 7% economic growth and 26% reduction of greenhouse gas emissions," Kuntoro Mangkusubroto, head of Indonesian President Susilo Bambang Yudhoyono's REDD+ Task Force said in a statement. "Providing Indonesia’s industry with access to degraded land is a cornerstone of our plans for sustainable economic growth and it’s one of the key areas the REDD+ Taskforce is working on."
Kuntoro noted that Indonesia has more than 25 million hectares of degraded land, much of which could be suitable for oil palm and timber plantations. “Palm oil makes a vital contribution to the Indonesian economy, but it’s also an industry where there is clear room for improvement in how resources are managed. A key initiative would be to move away from a land use system, where forests are converted for plantations, while degraded land remains unused."
At 3rd Palm Oil Summit - Yield Improvement & Carbon Management in Bali on 18-19 Jul 2011, participants can look forward to draw from the experiences of key operators and technical experts like Anne Rosenbarger, Research Fellow from Sekala/World Resources Institute as she shares new methodologies on how to Identify High Potential Degraded Land for Sustainable Palm Oil Production in her topic “POTICO (Palm Oil, Timber, Carbon Offsets) Project - Linking Expansion of Sustainable Palm Oil onto Highly Potential Degraded Land through Land Swaps”.
Also slated to deliver strong messages that palm oil expansion projects need not cause deforestation if proper planning is conducted, will be Ketut Deddy, a Director with Sekala, with his presentation on the use of Remote Sensing Technology to Map Oil Palm Development to avoid deforestation, land conflict and detect forest changes associated with carbon emissions.
Indonesia launched its own sustainable palm oil standard yesterday, in anticipation of increased importer demand forenvironmentally-friendly products, reported Antaranews.com.
The country’s Vice-Minister of Agriculture Bayu Krisnamurti, said the Indonesia Sustainable Palm Oil (ISPO) standard was necessary if importing countries were to decide they would only buy oil with sustainability certification.
“The ISPO will be officially effective as of March 2012 and it is hoped all oil palm plantation companies will have obtained the ISPO certificate by 2014,” Krisnamurti was quoted as saying.
He said the ISPO was not very different to Europe’s Roundtable on Sustainable Palm Oil (RSPO) principles, but in closer reference to the regulations and conditions of Indonesia, the story reported.
The country’s Coordinating Minister for Economic Affairs Hatta Rajasa told Antara News about aims to cut the proportion of palm oil exports in crude form from 60% to 40%.
(Source: Fresh Fruit Portal, March 31st, 2011)
Indonesia joins the global move towards sustainability with the implementation of the above ISPO. How can current local palm oil producers make adjustments in order to adhere to new regulations, and is sustainable oil palm growing cost-effective or achievable?
The 3rd Palm Oil Summit is a timely and well-positioned event to address above concerns and more. Scheduled to take place in Bali on 18-19 July 2011, the conference will bring together an international panel of experts to discuss central theme on “Sustainable Yield Enhancement & Carbon Management”.
The agenda is currently in the midst of finalization and will be available shortly. In the meantime, one may click here to submit enquiries on speaking and/or sponsorship opportunities, or contact Hafizah at firstname.lastname@example.org for pre-registrations now.