Trade and markets
 

Detail

Area
Ecuador
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
18/07/2018
Policy Category
Other
Policy Instrument
Sector development measures
Description
Presented a five-year action plan to make the country’s palm oil supply chain more sustainable, including key objective to make RSPO (Roundtable on Sustainable Palm Oil) certification the national norm.
Notes
The Government of Ecuador presented a five-year action plan to make the country’s palm oil supply chain more sustainable. A key objective of the USD 1.2 billion programme is to make RSPO (Roundtable on Sustainable Palm Oil) certification the norm, nation-wide. The Government is planning to place taxes collected from palm oil exporters into a public/private-controlled fund for the support of smallholders shifting to more sustainable production methods and, eventually, certification. The envisaged jurisdictional certification would rely entirely on RSPO’s internationally recognized norms as opposed to a purpose-made national standard (see also MPPU Nov.’16).