Our ultimate goal is that all palm oil and palm oil derivatives should be sustainably produced but, in reality, this will take time to achieve.
In the meantime, the GreenPalm certificate trading programme gives palm oil users and retailers the opportunity to support the development of sustainable production.
GreenPalm is rapidly gaining momentum. By October 2009, producers collectively had earned an additional $2.2m and more than 192,000 certificates had been traded, encouraging producers to continue using sustainable methods and showing others how they too can benefit from working this way.
The result? Producers – including smallholders whose product may never be exported, so would otherwise have fewer incentives to operate sustainably – earn more and are encouraged to continue with sustainable methods. Retailers, manufacturers and consumers know they are backing sustainable production. And the palm oil industry moves ever closer to becoming sustainable.
Producers who have passed RSPO audits are invited to register a volume of their estimated production with the GreenPalm programme. GreenPalm certificates are then awarded on the basis of one certificate for each tonne of palm oil registered.
The GreenPalm certificates can then be put up for sale on the programme’s new web-based trading platform www.greenpalm.org. Users of palm oil and its derivatives can then buy those certificates on-line and, in doing so, commit to pay a voluntary premium to support the production of RSPO certified sustainable palm oil.
By paying producers more to produce palm oil sustainably, we believe GreenPalm has the potential to begin tackling the environmental and social problems associated with palm oil production, including damage to rainforests and natural habitats.
This will not be achieved overnight, but we believe we have made a solid, practical start.
For further information on how to join the GreenPalm programme, please visit www.greenpalm.org
For further information on the GreenPalm programme, please contact:
Bob Norman
General Manager, GreenPalm Ltd
Tel: 01482 332013
AarhusKarlshamn UK Ltd
King George Dock, Hull, HU9 5PX, England
T: +44 (0)1482 701 271 | E: uk.info@aak.com
Registered in England with Company Number 1585686 and VAT Number GB 475 4800 31.