A national plan for the sustainable performance of the crude palm oil sector in Peru is under development, led by the Ministry of Agrarian Development and Irrigation (Midagri) and sector unions. The plan aims to provide clarity on economic and environmental sustainability practices, promote investment, and improve the image of Peruvian palm oil producers. Despite expectations, the sector is expected to see a 20% reduction in production this year due to climatic events, at a time of global production decline and increasing demand, leading to a near 100% increase in international prices.