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RSPO to roll out new cost effective tool for smallholders

Last update: 05/11/2019
BANGKOK, Nov 5 -- The Roundtable of Sustainable Palm Oil (RSPO) will introduce a cost-effective tool for smallholders, allowing them to be certified in a more cost-effective manner, chief executive officer, Datuk Darrel Webber said.

The tool, to be known as the RSPO Independent Smallholders Standard, is expected to be implemented early next year and benefit smallholders who account for 40 per cent of the oil palm industry.

"It is going to be rolled out in three phases, eligibility, Milestone A and Milestone B. The full description of it, (however, will only) be revealed tomorrow,” he told reporters at the Roundtable Conference on Sustainable Palm Oil (RT17).

Sustainable palm oil would give smallholders access to more markets, Webber said, adding, the certification which comes with standard processes, will also help them double the yield of fresh fruit bunches to 30 per cent from the current 12 per cent.

--BERNAMA







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