The palm oil agenda could be Prabowo's savior to protect the Republic of Indonesia's economy

Published 2024년 7월 29일

Tridge summary

Edi Suhardi, a Sustainable Palm Oil Analyst, noted the positive international reception of Prabowo Subianto's palm oil agenda, which underscores its dual use as food and biofuel. Despite the European Union's Zero Deforestation Regulation posing challenges, sustainable practices can make palm oil a viable option. Domestic efforts by GAPKI and the Indonesian Sustainable Palm Oil (ISPO) scheme are promoting sustainable palm oil, though they require financial and technical support. Switching to other oil crops is less efficient and more harmful to the environment. The Indonesian government's plan to increase the biodiesel program from B35 to B40 could enhance domestic palm oil use, ensuring supply for both local and export markets, with government and business collaboration being key to the industry's sustainability.

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Original content

Sustainable Palm Oil Analyst, Edi Suhardi, revealed that the big palm oil agenda promoted by the 2024 elected president, Prabowo Subianto, received a positive response from the international community. Because, circulating news and opinions have shown that palm oil is not only useful as a food ingredient, but also as a biofuel. ADVERTISEMENT However, there are challenges from the implementation of the European Union's Zero Deforestation Regulation (EUDR) which is scheduled to come into effect on December 31. Edi reminded that this regulation could tighten palm oil exports to the European Union market. However, a report from the IUCN Oil Crops Task Force in Switzerland states that it is agricultural practices that influence the environmental impact, not the oil palm plant itself. This shows that palm oil can be a sustainable choice with the right practices. Positive campaigns regarding palm oil are also carried out domestically by GAPKI. They emphasized that palm oil has the lowest ...

Source: Wartaekonomi