Latin America Emerges as a New Frontier in Sustainable Palm Oil Production
April 15, 2024Latin America Emerges as Sustainable Palm Oil Leader
Southeast Asia’s palm oil dominance is challenged as Latin America offers a sustainable alternative. Colombia, Guatemala, and other nations in the region are increasing palm oil production, emphasizing sustainability and avoiding the deforestation practices that plagued Indonesia and Malaysia.
Key Points:
- Old plantations and labor problems in Southeast Asia create opportunities for Latin America.
- Latin America’s focus on sustainability appeals to Europe’s strict import regulations.
- Smaller, more manageable farms in Latin America make meeting environmental standards easier.
- Colombia plans significant expansion, aiming to rival Malaysia’s production.
- Guatemala demonstrates commitment with third-party monitoring and certification.