MPOB to fully fund auditing fees for smallholders
PUTRAJAYA: The Malaysian Palm Oil Board (MPOB) will fully fund auditing fees for smallholders so to be Malaysian Sustainable Palm Oil (MSPO)-certified by next year.
“The government will fully pay auditing fees for smallholders so that all 650,000 of them will be certified by 2019,” said Plantations Industries and Commodities Minister Datuk Mah Siew Keong.
“This is very important because the smallholders contribute to about 40 per cent of our country’s palm oil production of almost 20 million tonnes a year,” he said at a briefing, here, yesterday.
The MSPO is a reflection of a unified code of laws concerning best practices throughout the supply chain, from oil palm planting to processing.
When one is MSPO-certified, it confirms that oil palm cultivation is being carried out by maintaining a balance between the needs of the people and the planet.
Mah reiterated that getting all oil palm planters in Malaysia MSPO-certified is tough but necessary for the industry.
The government-driven MSPO is key to the Amsterdam Declaration that requires all palm oil shipped into Europe to be certified as sustainably produced by 2020, he said.
Ultimately, the MSPO is to facilitate better palm oil market access through multilateral or bilateral free trade pacts with buyers, added Mah. Ooi Tee Ching