The Roundtable on Sustainable Palm Oil (RSPO), a non-profit promoting sustainable palm production, says it will give financial aid to smallholders seeking certification.
Indonesia RSPO director Desi Kusumadewi said in Jakarta that the Kuala Lumpur-based association would allocate 50 percent of its annual fund surplus, currently topping US$1.91 million, to help smallholders practice sustainable palm oil cultivation and gain certification.
Desi said that the organization would also allocate 10 percent of its income from trading certified sustainable palm oil (CSPO) to smallholders in producing countries such as Indonesia, Malaysia, Thailand, Papua New Guinea and in several Latin American and African countries.
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