Indonesia Confirmed Palm Oil and Coconut Implement Sustainability Scheme

Indonesia Confirmed Palm Oil and Coconut Implement Sustainability Scheme

InfoSAWIT, JAKARTA – As one main palm oil and coconut producer and exporter in the world, Indonesia keeps emphasizing that sustainability is important in every vegetable oil sectors. This is done by advantaging smart farming in coconut plantations and replanting program for the smallholders.

Indonesia also commits to accelerate the transition of clean energy by implementing biodiesel mandatory to realize zero emission. It is estimated, biodiesel mixture up to 30 percent (B30) potentially reduced green-house gas emission up to 24,6 million tons of CO2. This would empower the goals of Indonesia to realize energy security and energy mixture targets up to 23% in 2025.

Indonesia would keep always promoting that sustainable agriculture and food system are important in many forums, including in G20 presidency and in cooperation with United Kingdom through co-chairmanship from FACT (Forest, Agriculture, and Commodities Trade) dialogue. Indonesia also would promote sustainable commodities and fulfill SDGs that support economic development.

As in the official statement to InfoSAWIT, Monday (12/7/2022), Indonesia also commits to encourage and synergize the cooperation to make sure sustainable vegetable oils are often declared in many international organizations, such as, Council of Palm Oil Producing Countries (CPOPC) and International Coconut Community (ICC).

These are about to fulfill SDGs targets in 2030 though the big challenges raised, such as, high inflation, increasing interest rates, expensive food and energy, and supply and trade issues in agricultural products happened.

Considering that the global population and vegetable oil use increase in many industries, it is estimated, the vegetable oil markets globally would escalate from 199,1 million metric tons in 2020 to be 258,4 million metric tons in 2026.

Before the crisis happened globally, vegetable oil has become the source of living for the smallholders and it is the source of development in many developing countries. It is important to make it sure that the vegetable oi supply can be sustainable to prevent price volatility and economic shock globally.

“In this case, we keep believing that the same efforts to make sure sustainability in vegetable oil markets in the globe should run holistically and non-discrimination,” Coordinator Minister in Economy, Airlangga Hartarto said in his speech virtually in a webinar of United Nations Economic And Social Council (UN-ECOSOC) High Level Political Forum (HLPF), Monday (11/07/2022). (T2)