Indonesia suggests a new presidential agency to oversee and enhance the palm oil industry's governance and value.

An Indonesian Ombudsman recommends creating a special agency under the President to manage the palm oil industry, aiming to improve governance and increase the industry's value. The proposal comes in response to issues like low certification rates and high costs for sustainability standards, which disproportionately affect small farmers. The agency would aim to regulate and support the industry, potentially boosting productivity and sustainability.

November 18, 2024
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