“Intensifying Sustainable Palm Oil Practices in Challenging Times
Indonesia vows to solve palm oil replanting problems to boost yields
Source: Xinhua | 2018-01-19
According to the Agriculture ministry - Indonesia has set a replanting plan for 4.7 million hectares of palm oil plantation in the country aimed at boosting yields. Many of the palm oil plantations have been aging and have low seeds quality with many of them belonging to smallholders. Smallholder farmers play a very important role as they make up for almost half of Indonesia’s palm oil plantations.
To meet the rising demand for palm oil in the coming decades without further deforestaton, smallholders urgently need to replant and improve productivity on existng plots by adopting more sustainable practices.
How are plantation companies supporting smallholders in this endeavor ?
Asian Agri, a leading palm oil producer has taken an admirable step to partner with smallholders , giving grants for farmers to obtain RSPO certification. It is currently running a One to One Commitment program, which sees the company matching each hectare of its own land with one hectare of land owned by smallholders by the end of 2018.
Perceived high risks and costs of agricultural lending deter banks and investors from providing finance to smallholders.
What replanting financing schemes are there to help smallholders ?
Will EU ban of palm oil biodiesel affect palm oil trade significantly ?
The Malaysian government is calling for palm oil producers to start looking into new export markets and promote the use of palm oil in other ways while Indonesia has announced plans to increase palm oil domestic biodiesel usage to the mining sector. While this issue is addressed with urgency, the presence of 3MCPD and Glycidyl esters in refined vegetable oils, including palm oil, could become an even bigger headache for the industry.
What measures are taken by MPOB to address the food safety issues effectively ?
What subsidies are available to the Indonesian mining sector for use of palm oil biodiesel and when is the implementation expected to take effect ?
Digitalizing & innovations to transform the palm oil industry.
Despite their massive potential, it is challenging to apply emerging technologies to its work in a multi-stakeholder supply chain. From using sensors to monitor oil palm plantations to harnessing the potential of digitalisation in a complex palm oil supply chain more ,technology will be the key to sustainable palm oil.
Hear from IJM Plantations on how the company focusses on inculcating the culture of innovation and continuous improvement within its organization, while not compromising on their many ongoing sustainability-related initiatives.
Celebrating its 10th series, CMT welcomes palm oil stakeholders from top executives to operational directors and sustainability heads to convene in Bali this July to discuss real on-going issues & challenges facing the industry.
Testimonial from 9th Asia Sustainable Oil Palm Summit
Very informative, somewhat intimate that focuses on innovations in the industry
Very valuable topics & Interactions
Able to get inputs / feedbacks from speakers & participants
~ Sabah Softwoods Bhd
Informative. Covering a broad range of various aspects related to palm oil
This was my 1st to attend, to have knowledge and supply of palm oil industry technology
Comprehensive, informative and fruitful to attend
Highly technical for advanced exploitation of oil palm plantation/industry
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Indonesia approves two-year extension on forest moratorium
Posted on : 02 Jul, 2018
Indonesia has been mulling to impose a moratorium on palm oil plantations for many years now. The moratorium was established in 2011 and was expected to reduce emissions from fires caused by deforestation, when imposed.
However, the country's President Joko Widodo approved a two-year extension to the moratorium on issuing new licenses to use land designated as primary forest and peatland in March this year. This is the third time that an extension has been given on the moratorium.
The new extension allows authorities extra time to pin down regulations on forest use. The government is expected to gather more information and material to decide on licensing and primary forest and peatland governance.
Indonesia - the largest palm oil producer in the world - has often come under criticism for forest destruction to clear land for growing palm oil. The forest and peatland fires have resulted in air pollution in neighbouring Southeast Asian countries too.
The World Bank estimated that 2.6 million hectares of land in Indonesia was destroyed during the massive forest fires in 2015, that affected mainly the island of Sumatra and Kalimantan, the Indonesian portion of Borneo island.
More about Indonesia's palm oil markets will be discussed at CMT's 10th Asia Sustainable Oil Palm Summit on 30-31 July, 2018 in Bali.
Contact Ms. Huiyan at firstname.lastname@example.org or call +65 6346 9113.
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