Markets and trade
 

Detail

Area
Philippines
Commodity Group
Oilseeds, oils and meals
Commodity
Coconut oil
Date
01/12/2019
Policy Category
Production
Policy Instrument
Sector development measures
Description
Developed a national action plan to promote growth in coconut oil production and exports, focusing on the following strategic activities: i) promoting virgin coconut oil consumption and exports; ii) ensuring sustainable production practices and setting up appropriate certification for exports; iii) reducing the sector’s vulnerability to climate change; and iv) promoting organic production and certification.
Notes
Sector development measures – the Philippines (coconut oil): The Philippine Government started working on a national action plan to promote growth in coconut oil production and exports. Reportedly, the following strategic issues will be addressed: i) the promotion of virgin coconut oil consumption and exports; ii) ensuring sustainable production practices and setting up appropriate certification for exports; iii) reducing the sector’s vulnerability to climate change; and iv) promoting organic production and certification. Reportedly, the action plan will also include a framework for collaboration among different stakeholders in the coconut oil value chain.