Green. Palm Smallholders 1 st November 2009
Green. Palm • So what is the Green. Palm Programme? • Web based trading platform • Trades the certificates not the oil • It’s like carbon trading!!! • But easier!!!!!!! • It is an incentive and reward system for those complying with the RSPO’s certification programme
Green. Palm • Multiple origins • Common freight • Shared storage • Continuous processing
Green. Palm • Certified producer registers volume for sale in Green. Palm system. • 1 mt of crude CSPO = 1 Green. Palm certificate Producer places an offer
Green. Palm • End user calculates their oil palm consumption • Derivates 1 for 1 Place bid covering volume
Green. Palm • Bids and Offers on the market screen • System automatically matches
Green. Palm • Producer receives full value of certificate – Sells physical oil into their usual market – At mainstream price
Green. Palm • End user redeems certificate – Has right to make a sustainable claim – Buys physical oil from preferred supplier – At mainstream price “Supported the production of RSPO CSPO”
Green. Palm • Proposal to trade directly from smallholder to end product manufacturer • Agree conversion rates from FFB to – CPO – CPKO – Others - PK Expellers etc • Allow smallholders to maximise premium
Green. Palm • Smallholder receives full value of certificate – Sells physical FFB’s into their usual market – At mainstream price Smallholder
Green. Palm • 180, 000 certificates traded in the first 12 months • A staggering $2. 1 mln in “rewards” to the plantations • Of the 11 producers certified 10 are members of Green. Palm • 8 of whom have been “financially rewarded” • If you don’t export your production Green. Palm is the only option that allows you to earn a premium • There are end users who want to directly support smallholders
Green. Palm RSPO Roundtable on Sustainable Palm Oil Making a difference………. . …. together with…. . www. greenpalm. org www. aak-uk. com
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