Opinion / #palm oil
Malaysia is expected to launch its first local nature-based carbon credit but it faces a jurisdictional quagmire, wherein forest management is predominantly governed by state authorities.
The country’s presumed incoming leaders have said they would continue food estate projects that have caused deforestation, while Prabowo’s coal ties may make it hard for him to advance the energy transition. The public needs to speak up.
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Mutual benefits are assured when the financial sector collaborates with palm oil stakeholders. FIs can help smallholders secure credit, while getting access to data and insights required to make sound and profitable investment decisions.
EB工作室
The Roundtable on Sustainable Palm Oil's Guntur Cahyo Prabowo argues why certified smallholders should be able to sell their produce under the European Union's new deforestation regulation, including via a RSPO smallholder credits system.
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