70 FBI IN ACTION
SUSTAINABILITY TAKES CENTER STAGE AT 8TH ASIA SUSTAINABLE OIL PALM SUMMIT YOGYAKARTA
T
he 8th ASIA Sustainable Oil Palm Summit, 4-5 Aug, Yogyakarta - In light of Indonesia’s clamp down on new permits for palm oil plantation, how will Indonesia maintain its competitiveness while maintaining sustainability? What are the steps being taken to restore peatland, and what are the challenges involved? CMT brings you the 8th ASIA Sustainable Oil Palm Summit, where current issues grappling the palm oil industry will be discussed by palm oil producers, traders, consultants and researchers. Palm oil is the world’s most widely used vegetable oil, found in food, cosmetics, detergents and biodiesel. Over 90% of the world’s palm production takes place in Southeast Asia. With global consumption of palm oil increasing at a rapid rate, farmers are using up more and more forestland to keep up with demand, and contributing to tropical deforestation and peatland destruction. Fires often started to clear land for oil palm plantations release greenhouse gas emissions and impacts global climate change. Since land is getting scarce, palm oil production needs to be about improving output – for example by planting high-yield crops – without destroying forests and peatland.
ASIA PALM OIL MAGAZINE | October - December 2016
