WebJul 3, 2024 · The EU approach also ignored progress on the ground. By the end of last year, two-thirds of Malaysian palm oil plantations—many of them run by smallholder farmers—became MSPO-certified under the Malaysia Sustainable Palm Oil (MSPO) scheme. This was a new nationally-mandated sustainability standard enforceable by the … WebJan 19, 2024 · Together, the two countries account for more than 80 per cent of the world’s palm oil supply and in 2024, they made up 44.6 per cent and 25.2 per cent of EU’s palm …
The EU has Quietly Done a U-Turn on its Palm Oil Ban Policy.
WebDec 6, 2024 · The agreement reached by representatives of the Council and Parliament covers palm oil, cattle, soy, coffee, cocoa, timber and rubber as well as derived products … WebFeb 17, 2024 · In early January 2024, the European Parliament amended the draft Renewable Energy Directive (RED) to include a ban on the use of palm oil biofuels in Europe after 2024. This move was strongly opposed by Malaysia and Indonesia. The two countries control nearly 90% of global palm oil exports. how to use the jade roller
Indonesia’s Fight Against EU Palm Oil Ban – Analysis
WebApr 27, 2024 · Minister for economic affairs Airlangga Hartarto has said that Indonesia’s export ban will remain in place until the price of bulk cooking oil in Indonesia returns to 14,000 rupiah (€0.92) per ... WebNov 9, 2024 · As the quoted CRR report focused on palm oil compliance costs, estimated at USD 65 per ton (excluding segregation, which would need to be added in the context of the EU Deforestation Regulation), the USD 30 per ton applied to soy and beef in this report would lead to even higher outcomes than the “nine to 45 times” multiple. WebApr 11, 2024 · By 2030, the EU plans to have phased out the use of palm oil in its biofuels, citing in particular the crop's links with deforestation - but might this turn out to be counterproductive. Could the EU's move hamper efforts to make palm oil production … how to use the jamaican