Producing palm oil and protecting forests in Latin America

Published 2023년 6월 20일

Tridge summary

Latin America has emerged as a leader in sustainable palm oil production, accounting for about 35% of the world's certified palm oil, according to the Roundtable on Sustainable Palm Oil (RSPO). This region mostly develops plantations on previously degraded forests, attempting to mitigate deforestation. However, an investigation revealed deforestation in Colombia, prompting a dispute over methodology and a temporary removal of the report by the IUCN. The Remediation and Compensation Procedure (RaCP) within the RSPO frames is designed to offset environmental and social debts caused by deforestation. Palmas del Espino, a Peruvian company, serves as an example of commitment to sustainability, despite potential revenue losses. Meanwhile, Guatemalan firm NaturAceites is striving for full certification and uses Satelligence for monitoring. These cases demonstrate the efforts being made by producer nations to balance palm oil production with environmental conservation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With its increasing presence in our foods, cosmetics and fuels, palm oil has come under scrutiny for its record in driving deforestation in the tropical regions where it is produced. These concerns have given rise to international initiatives like the Roundtable on Sustainable Palm Oil (RSPO), which oversees one of the industry’s most widely used sustainability certification schemes. Though they are smaller players in the global palm oil landscape, producer countries in Latin America have managed to maintain relatively decent records on sustainability, experts tell China Dialogue. “This region has the highest percentage of certified palm oil in the world, which is around 35%,” explains Yasmina Neustadtl, the RSPO’s market transformation manager for Latin America. “The big drivers of deforestation in countries like Ecuador are palm, coffee, cocoa, and cattle ranching,” says Carolina Rosero, director of Conservation International’s Amazon programme in Ecuador. “The only ones that ...

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