21 Sep '11, 7pm

Europe should lift duty on RSPO-certified palm oil to encourage use, says Dutch group via @mongabay

Europe should lift duty on RSPO-certified palm oil to encourage use, says Dutch group mongabay.com September 21, 2011 To encourage uptake of palm oil that is less damaging to the environment, the European Union (EU) should lift the import duty on palm oil certified under Roundtable on Sustainable Palm Oil (RSPO), said a Dutch industry group. The Dutch Product Board for Margarine, Fats and Oils (MVO), a group that has already committed to sourcing 100 percent of its palm oil demand to RSPO-certified suppliers by 2015, called upon the E.U. to abolish the 3.8 percent duty on crude palm oil imported into Europe. The group says lifting the duty would help offset the additional costs of producing certified palm oil. MVO's call was immediately supported by the RSPO, a multistakeholder body that sets criteria for 'sustainable' palm oil production. Members of the RSPO include produ...

Full article: http://news.mongabay.com/2011/0921-rspo_duty_eu.html

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