EU and Indonesia explore how palm oil production could best demonstrate its contribution to sustainable development
EuroCham Seminar (Thursday, 27 September) in the framework of the Climate Diplomacy Week 2018
A basic ingredient for food products from margarine to fuel, lubricants and cosmetics, palm oil is, to this day, one of the most utilised oils in the world. Palm oil’s booming consumption periodically raises questions due to its real or perceived implications on society, environment and economic growth of developing countries. Palm oil producer countries have committed to ensuring its sustainability.
As part of Climate Diplomacy Week 2018 programme, the European Chamber of Commerce in Indonesia (EuroCham) convened on Thursday (27/9) a broad range of stakeholders to consider the extent to which palm oil growth has underpinned socio-economic development, and whether it is, or could also be made consistent with longer term, global objectives such as preserving biodiversity and mitigating climate change and its impacts. Oil palm companies and investors, government officials, academia, civil society organisations, downstream markets and journalists were invited to think out of the box and explore new partnerships between responsible buyers and producers.
The Seminar encompassed three panel discussions:
"To the extent that palm oil can be beneficial to the people and the planet, it is and will remain a key commodity for global companies and consumers. Sustainability efforts from all sides should help the fair and transparent participation of small, responsible producers to the global economy, on the same or better footing as large businesses. EU believes current approaches can of course be improved, and will maintain an intense dialogue with producing countries in this endeavour. The recent Palm oil moratorium is a much welcomed step" said EU Ambassador Vincent Guérend.
Mark Magee, EuroCham Chairman said: “EuroCham Indonesia believes that communication is key in every dialogue. In regards to the palm oil discussion, we understand the importance of delivering the right messages to allow constructive talks. EuroCham acknowledges the vast use of palm oil in varied range of products, thus we trust that a multi-stakeholder approach will enable the industry to pursue a sustainable palm oil that will benefit future generations.”
If you are interested in participating: http://bit.ly/POandSDGs
During the Climate Diplomacy Week, EU Delegations and Embassies of EU Member States around the world reach out to communities and partner organisations to stress the need and opportunities for global action and collaboration on climate change.
For more info on Climate Diplomacy Week 2018: http://bit.ly/climadiplo2018
EU Fact sheets on Palm oil: http://bit.ly/trilogue-RED2