GFP-SPO introduced as reference across palm oil certification schemes in Malaysia

Published 2022년 7월 12일

Tridge summary

The Global Framework of Principles for Sustainable Palm Oil (GFP-SPO) was introduced at the 2022 United Nations Economic and Social Council High-Level Political Forum (ECOSOC HLPF) by the Council of Palm Oil Producing Countries (CPOPC) and other partnerships. The framework is designed to guide palm oil production towards sustainable development goals (UN SDGs), but can also be applied to other vegetable oils. The size of the global vegetable oil market is expected to grow, and there is a need to ensure a steady supply to prevent price volatility. The CPOPC is promoting sustainability in the global vegetable oil market and showcasing best practices through a virtual exhibition.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

KUALA LUMPUR (July 12): The Global Framework of Principles for Sustainable Palm Oil (GFP-SPO) can be used as a common reference across different certification schemes applied primarily to palm oil production which anchored the United Nations Sustainable Development Goals (UN SDGs) as its base. The GFP-SPO was introduced in a webinar on Monday (July 11) at a side event during the 2022 United Nations Economic and Social Council High-Level Political Forum (ECOSOC HLPF). The event was conducted by the Council of Palm Oil Producing Countries (CPOPC) in cooperation with the governments of Indonesia, Malaysia and the Philippines and the International Coconut Community. It was graced by the presence of Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin and Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto. Zuraida said although the GFP-SPO is developed through the palm oil lenses to measure the contribution of palm oil towards achieving ...

Source: Theedgemarkets