Markets and Trade
AreaEcuador
Commodity GroupOilseeds, oils and meals
CommodityPalm oil
Date18/07/2018
Policy CategoryOther
Policy InstrumentSector development measures
DescriptionPresented 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.
NotesThe 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).