International experts propose viable oil palm standards
View(s):Sri Lanka is on its way to lifting the oil palm ban and Indian experts are helping to make oil palm cultivation sustainable.
Dr. Suresh Motwani, Asia Veg Oil Programme Head, Solidaridad, an international civil society organisation noted that in 2017, the Solvent Extractor Association and Solidaridad with the support of the Indian Institute of Oil Palm Research and many industry stakeholders developed India’s own standards for sustainable oil palm called Indian palm oil sustainability framework (IPOS). “Implementing IPOS addresses sustainability risks and related issues. Last month, we proposed a sustainable palm oil framework such as the IPOS for Sri Lanka called SRI POS, to be developed by the Ministry of Agriculture,” He told the Sunday Times Business on the sidelines of a workshop on, “Sustainable Futures’ – achieving food and nutrition security and economy growth through vegetable oils on Thursday.
By ensuring social and economic development in producing countries, the vegetable oil supply chain contributes significantly to sustainable development goals, he said. “Vegetable oil crops ensure improved economic conditions through livelihoods to maintain millions of smallholders, reducing poverty rates, increasing quality of life, education and improving access to food and health systems.” Dr. Motwani noted that India is currently a net importer of edible oil, with 60 per cent of the total edible oil being imported from various countries. About 50 to 60 per cent share of these imports are palm oil. “The insufficiency in edible oil in the country negatively impacts our foreign exchange by US $ 20.56 billion.”
Displaying Indian statistics, he said that each year 20 million are added to India’s population. “So, India requires about 30 million tonnes of vegetable oil in five years. India too depends on imports and 65 per cent of its edible oil usage is important.”
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