The purpose of this Forest Sustainability Knowledge Hub is to share news, reports and other content on the latest developments to stakeholders in the forest risk commodity supply chain, to help stakeholders share, co-create, research and build capacity to enhance the application of sustainable palm oil certified products and other forest friendly certified products, and ultimately to promote the industry and reduce deforestation risks.
Chinese Vice Premier Han Zheng and European Commission Executive Vice-President Frans Timmermans held the second China-EU High Level Dialogue on Environment and Climate on 27th September 2021. The two sides reaffirmed that the China-EU High Level Dialogue on Environment and Climate will continue to serve as an important platform for strengthening bilateral cooperation actions on the environment and combating climate change. The two sides agreed to strengthen cooperation in the areas of conservation and sustainable management of forest resources, sustainable supply chains, combating illegal timber harvesting and related trade in support of reducing global deforestation.
Keywords: Second China-EU High Level Dialogue on Environment and Climate, forest resource protection
Original title: 第二次中欧环境与气候高层对话联合新闻公报（全文）| 中华人民共和国生态环境部
On the afternoon of 12 October, the Leaders' Summit of the 15th Conference of the Parties to the United Nations Convention on Biological Diversity (COP15) was held in Kunming, Yunnan Province, with the leaders of Russia, France, the United Kingdom and many other countries delivering speeches by video. French President Macron announced that France will no longer import deforestation-related products from other countries from 2030, and hopes that a commitment will also be made at EU level, and that more countries will join in. Russian President Vladimir Putin said he would support increased international cooperation on pressing issues such as the protection of animal and plant populations. In addition, all were unanimous in expressing their appreciation for the efforts of the host country, China, in biodiversity conservation.
The UK will urge world leaders at the upcoming 26th session of the Conference of the Parties (COP 26) to pledge their commitment to stopping and reversing deforestation, a major source of greenhouse gas emissions, sources told the Guardian newspaper.
Keywords: COP26, UK, deforestation
Original title: UK to call for end to global deforestation at COP 26: Reports | Sify.com
AXA has made new commitments to preserve biodiversity by implementing a plan to fight against the deterioration of forest ecosystems. AXA will invest 1.5 billion euros to support sustainable forest management, including 500 million euros in reforestation projects in emerging countries, enabling a total of 25 megatons of CO2 to be captured each year.
Keywords: AXA France, biodiversity conservation, forest ecosystems
Original title: AXA makes new commitments to preserve biodiversity | Reinsurance News
On 28 September, the Council of Palm Oil Producing Countries (CPOPC), an intergovernmental organisation dedicated to the sustainable production of palm oil, held an online webinar on the theme "China's important role in shaping the future of the sustainable palm oil sector".
The five chapters of our Forest Voices series, highlighting the perspectives of those working alongside forest communities in Cameroon, Brazil, Vietnam, the Republic of the Congo and Peru, articulate how strengthening forest governance can both support sustainable rural livelihoods and protect forests.
This series aims to draw attention to the critical importance of good forest governance for achieving global commitments on biodiversity, climate change and poverty eradication. Through personal perspectives on a variety of approaches from around the world, the series seeks to highlight some of the lessons learned so far and what further action will be needed at the UN’s COP26 climate conference in November 2021 and beyond.
Keywords: Forest Voices, Forest governance
Original title: Forest Voices: The path forward for strengthening forest governance | Forest Governance and Legality
A new report by the World Wide Fund for Nature (WWF) has indicated that African and Asian companies were the least likely to buy sustainable palm oil. African and Asian respondents had the lowest uptake of RSPO-certified palm oil volumes, with only 23% of their reported volumes being certified, according to the report. This compared to a global average of RSPO CSPO uptake of 67%.
Keywords: Africa, Asia, sustainable palm oil, WWF
Original title: New WWF report says African and Asian companies trail in purchases of sustainable palm oil | Oil & Fats Internatonal
The 2021 China Sustainable Palm Oil Supply Chain Forum and the 5th RSPO China Forum was held in Chongqing on 18 October. The forum was co-organised by the Roundtable Initiative on Sustainable Palm Oil (RSPO), the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Livestock (CFNA) and the World Wide Fund for Nature (Switzerland) Beijing Representative Office (WWF). The conference called for the promotion of market transformation for sustainable palm oil and the strengthening of biodiversity conservation efforts through the strengthening of influence with youth ambassadors and green finance policies.
Keywords: 2021 China Sustainable Palm Oil Supply Chain Forum and 5th RSPO China Forum, sustainable palm oil, biodiversity conservation
Original title: 热烈祝贺2021中国可持续棕榈油供应链论坛 暨第五届RSPO中国论坛成功举办 | RSPO可持续棕榈油圆桌倡议组织
Bursa Malaysia Derivatives Berhad ("Bursa Malaysia Derivatives") will be launching the East Malaysia Crude Palm Oil Futures ("FEPO") Contract to meet the evolving needs of the Sabah and Sarawak palm oil market players for greater price transparency and alternative risk management tool. The FEPO contract is expected to entice international investors, particularly the commodity traders in China's Palm Olein Market of the Dalian Commodity Exchange, to trade on both Exchanges concurrently.
Keywords: East Malaysia Crude Palm Oil Futures, Bursa Malaysia Derivatives Berhad, the Dalian Commodity Exchange
Original title: Bursa Malaysia Derivatives Launches East Malaysia Crude Palm Oil Futures (FEPO) | PR Newswire
About this newsletter: This newsletter has been prepared by SynTao as part of the CDP Sustainable Palm Oil Project. We would like to thank CDP for their active participation in the preparation of this publication.
Disclaimer: The information used in this newsletter has been sourced from the internet and the views expressed in the information do not represent the personal opinions of the editor. All rights reserved. If there is any infringement, please contact us.
Feedback: Feel free to give us your feedback or suggestions, see below for contact details.
