Expanding the Yield Through Sustainable Policies
Malaysia wants to improve the productivity of its palm oil industry and is committed to establishing policies for sustainable cultivation of palm oil to improve the palm oil yield and productivity.
Malaysia’s Ministry of Plantation Industries and Commodities (MPIC) plans to implement several new policies. These policies will seek to provide sustainable palm oil cultivation to help boost productivity in the palm oil industry. Policies will cap the total cultivation area to 6.5 million hectares. The conversion of permanent forest reserve areas will also be prohibited to ensure the sustainability of the industry.
Sustainable Policies for the Palm Oil Industry
Among the sustainable policies that will be implemented, including restrictions against the planting of new palm oil in peatland areas. Additionally, to demonstrate greater supply chain transparency, oil plantation maps will be available for public access.
Emphasis on Good Agricultural Practices
As sustainable management and the use of biodiversity are key factors in achieving sustainable development goals, the Ministry of Energy and Natural Resources will place emphasis on good agricultural practices to ensure that these remain globally relevant. It recognised the palm oil industry’s efforts in these areas, comprising the compulsory implementation of the Malaysian Sustainable Palm Oil certification and the establishment of the Palm Oil Wildlife Conservation Fund.