A record-breaking heat wave has been affecting many Asian countries since April 2023. Temperatures have been soaring well above normal, and several regional temperature records have been set. The heat wave has caused multiple deaths due to heat stroke and has prompted health warnings and power outages across multiple countries. The heat wave is being driven by climate change. The Earth's atmosphere is warming, which is causing temperatures to rise. This is making heat waves more likely and more intense. In addition, the heat wave is being exacerbated by the El Niño weather pattern, which is causing drier and warmer conditions in many parts of Asia. The heat wave has had a significant impact on people and infrastructure in many Asian countries. The heat has caused deaths, power outages, and disruptions to transportation and agriculture. It has also made it difficult for people to work and go about their daily lives. The 2023 Asian heat wave is a reminder of the serious threat that climate change poses to the planet. It is important to take action to reduce greenhouse gas emissions and mitigate the effects of climate change. If we do not act, heat waves like this will become more common and more severe, with devastating consequences for people and the environment. There are things that can be done to mitigate its effects. These include: Investing in infrastructure that can withstand extreme heat, such as cooling systems and water supplies. Educating people about the dangers of heat stroke and how to stay safe in hot weather. Reducing greenhouse gas emissions, which will help to slow the pace of climate change and make heat waves less likely. Carbon Neutral certification provides a straightforward solution to this problem, helping companies and products reduce emissions and offset the remaining carbon footprint. Peterson Projects and Solutions have a proven track record of successfully implementing the PAS 2060 Carbon Neutral standard, having helped YEL achieve certification for their orangutan coffee project in Aceh, Indonesia. This project has been verified as carbon neutral by Peterson Projects and Solutions, demonstrating YEL's commitment to climate action. To follow in YEL's footsteps in achieving Carbon Neutral PAS 2060 certification, contact Peterson Projects and Solutions at marketing-indonesia@onepeterson.com or click contact us in petersonindonesia.com for audit assistance and consultation services on this or other certifications. Don't wait - take action now to show your commitment to a more sustainable future.

Oil pollution in one of Niger delta. Photograph: Handout Thousands of people from two Nigerian communities in the Niger delta are seeking justice in a high court in London against one of the world's largest fossil fuel companies, for allegedly polluting their water sources and destroying their way of life. More than 13,000 claims have been filed by individuals, churches and schools, demanding that companies clean up the pollution that has devastated their communities and compensate for the resulting loss of livelihoods. The plaintiffs argued that the company's oil spill had destroyed their ability to farm and fish. The company, which reported more than $30 billion in profits for the first three quarters of 2022, argues that communities have no legal standing to compel it to clean up and that individuals are barred from seeking compensation for spills that occurred more than five years ago. . The company also claims no responsibility for oil spills caused by organized gangs secretly siphoning oil from its pipelines. The lawsuit against the company comes as it prepares to exit the Niger delta after more than 80 years of profitable operations. A partner at the law firm, who represents the plaintiffs, said the case raises important questions about the responsibility of oil and gas companies, suggesting that the companies are seeking to avoid legal obligations to address environmental damage caused by oil spills from their infrastructure. Lawyers argue that the scale of the oil spill in the Niger delta hides a huge human tragedy, with local residents suffering serious health impacts and increased death tolls from pollution from ingesting the contaminated water. A study by the University of St Gallen in Switzerland found that babies in the Niger delta whose mothers lived near oil spills were twice as likely to die in their first month of life, indicating an estimated 11,000 premature deaths per year in the region. The company has argued for five years that it is not responsible for the actions of its Nigerian subsidiary, the company, and that claims from people in the Niger delta cannot be tried in London courts. However, the Supreme Court ruled last year that there is a lawful case for the Nigerian people to present their demands to the high court in London. The company continues to maintain that it is irresponsible as a parent company. In addition to individual claims against the company, lawyers are also seeking compensation for alleged damage to communal property that would benefit the entire population living amid chronic pollution in the Niger delta. The main source of water in one of Niger's deltas for farming, drinking and fishing has been severely polluted by oil contamination, with fish being killed, drinking water contaminated and farmland damaged, according to the claim. In the rest of the Niger delta, oil spills from company operations have caused widespread river pollution, resulting in property and property damage, loss of fish and shellfish in rivers, and a significant impact on the food and sources of income of fishing populations. The lawsuit filed in the high court alleges that the company and/or its subsidiaries were aware of ongoing oil spills from their pipelines for years but failed to take adequate measures to prevent or clean them up. The company has been active in Nigeria for 86 years, and its operations in Nigeria continue to make a significant contribution to the company's bottom line. In a 2011 report, the United Nations Environment Program (UNEP) exposed the devastating impact of the oil industry on Ogoniland, including the Niger delta, and recommended immediate action for "the largest terrestrial clean-up operation in history", which was estimated to cost over $1 billion. five years, about 3% of the company's 2022 profits. A recent report by several NGOs revealed that the people of Ogoniland are still waiting for a complete oil spill cleanup in their area. According to a company spokesperson, most of the spills in the Niger delta were caused by illegal third party interference such as pipeline sabotage, bunkering and oil theft. The spokesperson further stated that the illegal refining of stolen crude oil is rampant in this area and is a major contributor to oil pollution. In response to the accusations, the company said it had undertaken cleanup and repair efforts in the affected areas, and was cooperating with Nigerian authorities to prevent sabotage, oil theft and illegal refining, which it claims are the main sources of pollution. . The company believes that litigation will not be effective in addressing this issue.

One of the largest bank in the eurozone, is facing a lawsuit filed by environmental and human rights activist groups over allegations of providing financial services to companies contributing to deforestation in the Amazon rainforest. The Brazilian NGO and the French group filed the lawsuit in the Paris judicial court, claiming that bank did not conduct adequate checks before financing these companies. The bank has stated that its clients must have a "zero deforestation" strategy in their production and supply chains by 2025. Deforestation is Brazil's primary source of greenhouse gas emissions, and climate campaigners are increasingly using legal action to pressure large companies to transition to a low-carbon economy. French companies are mainly targeted due to a 2017 French law that holds them responsible for identifying and preventing risks to human rights and the environment resulting from their business activities. This is the second lawsuit targeting the bank on the grounds, with another complaint filed recently. The first ruling based on this law is expected to be announced Tuesday in a case involving one of oil major. The bank has stated that it requires "full traceability" from its clients regarding their supply chains of beef and soy from the Brazilian Amazon and Cerrado. It has pledged to no longer provide financial products or services to those that do not comply. The Bank has emphasised financial institutions' need for a collective commitment to effectively address the issue, stating that simply ceasing to finance these actors would not positively impact their practices, as they could easily find alternative lenders. The outcome of the lawsuit against the bank could have significant implications for the accountability of financial institutions in financing activities contributing to deforestation in ecologically sensitive areas like the Amazon rainforest.

Aquaculture improvement plans are crucial for aquaculture businesses seeking certification, as they demonstrate the business's commitment to sustainable and responsible aquaculture practices. Here are some steps that aquaculture businesses can take to create effective improvement plans: Identify areas for improvement: The first step in creating an improvement plan is to identify the areas where the business can improve its practices. This could include improving feed management, reducing disease incidence, or reducing environmental impacts. Set goals: Once the areas for improvement have been identified, the business should set specific, measurable, achievable, relevant, and time-bound (SMART) goals for each area. Develop action plans: For each goal, the business should develop an action plan that outlines the specific steps it will take to achieve the goal. The action plan should include timelines, responsible parties, and performance indicators. Monitor progress: The business should regularly monitor its progress towards achieving its goals and adjust its action plans as necessary. Engage stakeholders: Aquaculture businesses should engage with stakeholders, such as employees, suppliers, customers, and local communities, to ensure that their improvement plans are effective and socially responsible. Seek certification: Once the improvement plan has been implemented and progress has been monitored, the business can seek certification from a recognized aquaculture certification body. The certification body will assess the business's performance against established standards and provide feedback on areas for further improvement. One such certification is the Best Aquaculture Practice (BAP). Developed by the Global Aquaculture Alliance (GAA), the BAP framework is a set of standards and metrics that can be used to assess aquaculture farms' performance and identify improvement areas. BAP standards are built on the four pillars of responsibility, environmental responsibility, animal health and welfare, food safety, social accountability, with traceability as the foundation Another certification is the Aquaculture Stewardship Council (ASC) scheme. The ASC is an independent organization that sets standards for responsible aquaculture and certifies farms that meet these standards. The ASC standards cover a range of issues, including environmental management, social responsibility, and animal welfare. The certification process involves an independent audit of the farm’s practices, and certified farms must undergo regular assessments to maintain their certification. In addition to these industry-led improvement plans, governments and international organizations have developed strategies to support sustainable aquaculture. For example, the United Nations Food and Agriculture Organization (FAO) has developed a global strategy for the sustainable development of aquaculture. The strategy aims to promote responsible aquaculture practices, improve the livelihoods of aquaculture producers, and support the conservation and sustainable use of aquatic resources. Overall, the key to a successful improvement plan is to approach it as a continuous process of assessment, goal setting, action planning, and monitoring. By committing to ongoing improvement, aquaculture businesses can ensure that they are producing high-quality, sustainable, and socially responsible products that meet the demands of consumers and regulators. Aquaculture improvement plans are essential for businesses seeking certification, as they demonstrate a commitment to sustainable and responsible aquaculture practices. By following the steps outlined above, businesses can create effective improvement plans that identify areas for improvement, set specific goals, develop action plans, monitor progress, engage stakeholders, and seek certification from recognized bodies. At Peterson Projects and Solutions Indonesia, we provide consultancy and assistance services to aquaculture businesses seeking certification. Our team of experts can help you develop and implement effective improvement plans, monitor progress, and navigate the certification process. If you want to learn more about our services or have any questions, please contact us at marketing-indonesia@onepeterson.com. By working together, we can ensure that aquaculture businesses are producing high-quality, sustainable, and socially responsible products that meet the needs of consumers and regulators alike. Contact us today to learn more about how we can help you achieve your certification goals.

Resource assessment in the context of sustainable fisheries typically involves evaluating the status and potential of fish stocks and other related resources to inform fisheries management decisions to ensure their sustainable use. Fisheries resource assessment typically includes several key components: Stock Assessment: Stock assessment involves estimating the abundance, distribution, and biological characteristics of fish stocks, such as their size, age, and reproductive potential. This information is critical for understanding the status of fish populations and predicting their future dynamics. It usually involves collecting data on fish catches, fishing efforts, and biological characteristics of the fish and using statistical and mathematical models to estimate stock parameters. Habitat Assessment: Habitat assessment involves evaluating the quality and availability of the physical and biological habitats that support fish populations. This assessment can include assessing the health and productivity of marine and freshwater ecosystems and identifying and mitigating any threats to fish habitat, such as pollution, habitat destruction, or climate change impacts. Socio-economic Assessment: Socio-economic assessment involves evaluating the social and economic aspects of fisheries, including the livelihoods of fishers, the monetary value of fishery resources, and the social and cultural impacts of fisheries management decisions. This information helps to understand the human dimensions of fisheries and the implications of management measures on fishing communities and society. Ecosystem Assessment: Ecosystem assessment involves considering the broader ecological context of fishery resources, including the interactions between fish stocks and their environment, as well as the impacts of fishing on other species and ecosystem dynamics. This assessment can involve assessing the effects of fishing on non-target species, ecosystem services, and ecosystem health. Risk Assessment: Risk assessment involves identifying and evaluating the uncertainties and risks associated with fisheries resource management decisions. This assessment can include the dangers of overfishing, habitat degradation, climate change impacts, and other factors that may affect the sustainability of fishery resources. Management Strategy Evaluation: Management strategy evaluation involves using quantitative models to evaluate the performance of different management strategies and scenarios. Management strategy evaluation can help assess the potential effectiveness of various management measures in achieving sustainability objectives and inform the selection of appropriate management actions. Fisheries managers and policymakers use the information generated through resource assessment to make informed decisions on setting catch limits, establishing fishing seasons, implementing gear restrictions, and other measures to ensure the sustainable use of fishery resources. By understanding the status and potential of fish stocks and their supporting ecosystems, resource assessment is crucial in guiding sustainable fisheries management practices that promote the long-term viability and resilience of fishery resources and fishing communities.

In pursuing certification in fisheries, business owners must ensure that their fisheries enterprise is classified as sustainable. One of the critical factors in achieving this is how business owners adhere to regulations, rules, and policy developments that are implemented to promote sustainability in fisheries. Indonesia, renowned for its abundant marine resources, has over 50,000 laws and regulations. In fisheries, several key legal frameworks guide the management and utilisation of natural resources, including wild capture and aquaculture fisheries. This article provides an overview of the law regulation and policy development in sustainable fisheries in Indonesia, including the constitutional framework, national laws, government institutions, international agreements, and participation in regional fisheries management organisations. The 1945 Constitution of Indonesia serves as the highest legal authority in the country, to which the executive, legislative, and judicial branches of government must defer. Article 33 of the Constitution is the primary reference for national economy and social welfare laws, including managing and utilising natural resources like fisheries. This constitutional provision emphasises that natural resources and their utilisation should be aimed at the most significant benefit for the people and regulated by the state in the interest of public welfare. In addition to the Constitution, several other laws are particularly significant regarding the fisheries sector in Indonesia. These include Law (UU) No. 31/2004 on Fisheries, which was amended by Law (UU) No. 45/2009; Law (UU) No. 27/2007 on Coastal Areas and Small Islands, which Law amended (UU) No. 1/2014; Law (UU) No. 23/2014 on Local Government, which Law amended (UU) No. 2/2015; Law (UU) No. 32/2014 on Marine Affairs; and Law (UU) No. 7/2016 on the Protection and Empowerment of Fishers, Fish Farmers, and Salt Farmers. These laws provide the legal framework for managing, conserving, and utilising fisheries resources in Indonesia and outline the rights and responsibilities of various stakeholders, including fishers, fish farmers, and government institutions. In addition to laws, numerous government institutions/entities in Indonesia have mandates related to the fisheries sector. The Ministry of Marine Affairs and Fisheries (MMAF) is the primary government institution overseeing the fisheries sector. However, in 2015, the MMAF was placed under the coordination of a new coordinating ministry, the Coordinating Ministry for Maritime Affairs, responsible for coordinating and integrating policies related to marine affairs, including fisheries, across different sectors and government institutions. Regarding international agreements, Indonesia, as a member of the international community, must comply with the contents of international agreements it has signed or is a party to. The substance must make national regulations issued by Indonesia to ratify these agreements of the signed documents. Indonesia participates in various international organisations related to fisheries, and membership in these organisations has implications such as funding for the secretariat and compliance with provisions stipulated in the organisation's bylaws and other documents. One crucial group of international agreements in the fisheries sector are the Regional Fisheries Management Organizations (RFMOs), which are regional intergovernmental organisations that aim to promote cooperation among states for the conservation and management of shared fishery resources. Indonesia is a member of several RFMOs, including the Indian Ocean Tuna Commission (IOTC) and the Western and Central Pacific Fisheries Commission (WCPFC). Participation in these RFMOs has strengthened the focus on science-based fisheries management. These organisations develop and implement conservation and management measures based on the best available scientific information to ensure the sustainability of fishery resources in the region. The regulation and development of policies for sustainable fisheries in Indonesia are shaped by international agreements, national laws, and the role of government institutions such as the Ministry of Marine Affairs and Fisheries (MMAF). Participation in Regional Fisheries Management Organizations (RFMOs) and adherence to international agreements have contributed to the development of science-based approaches to fisheries management. At the same time, national laws and regulations aim to ensure the sustainability of fish stocks, protect the marine ecosystem, and promote the welfare of fishers and fish farmers. Despite challenges, ongoing efforts are being made to improve the implementation and enforcement of these laws and regulations for the sustainable management of fisheries in Indonesia. In conclusion, navigating the complex landscape of law regulation and policy development in sustainable fisheries can be challenging for business owners. However, Peterson is here to assist you in achieving certification in fisheries and ensuring that your enterprise meets the highest sustainability standards. Our expertise, fisheries management experience, and sustainability commitment make us your ideal partner in pursuing certifications such as the Marine Stewardship Council (MSC) or Aquaculture Stewardship Council (ASC). Let us help you unlock new opportunities in the sustainable fisheries industry while promoting responsible and ethical practices. Contact Peterson today to learn more about how we can support your fisheries certification journey. source: https://www.pshk.or.id/wp-content/uploads/2019/04/Legal-and-Government-Institutional-Landscape-of-the-Fisheries-Sector-Full-Report-PSHK-2019.pdf

The demand for insurance in the rapidly growing aquaculture industry has increased due to the emergence of medium to large-scale projects that carry significant risks. To mitigate these risks, the sector has been actively implementing risk management strategies such as Better Management Practices (BMP), certification, and traceability. However, aquaculture insurance is another effective tool that can help fish farms manage their risks. Despite its potential benefits, aquaculture insurance is a specialized insurance class that is not well-known to most fish farm operators. Many are unaware of its availability and the process involved in obtaining coverage. Aquaculture insurance is a type of insurance that is available for fish farms and aquaculture operations worldwide, covering a wide range of species. The FAO Review of Aquaculture Insurance suggests that obtaining such insurance can provide several benefits for fish farms, including: protection of invested capital, safeguarding against events and natural hazards that could damage health, assets, and harvests, creating more stable and secure incomes that can enhance economic welfare, facilitating access to investment capital and finance, Acquiring aquaculture insurance can offer fish farms access to risk management strategies and opportunities for mutual assistance and cooperation within the aquaculture industry. Some things to be considered by prospective aquaculture insurance policyholders include: Reading and understanding the entire policy carefully, including its terms and conditions. Reporting any changes or incidents that occur in the insured aquaculture facility. Ensuring that the requirements and conditions stated in the policy or its attachments are met to obtain insurance benefits in the event of a claim. Submitting a claim with an accurate value and understanding the amount of the deductible that must be paid by the policyholder in the event of an unavoidable loss. Avoiding cash flow problems by paying premiums in instalments, but must be aware of the possibility of restrictions or termination of insurance coverage if instalments are not paid on time. There are two types of insurance for fish farming, namely "All Risks" and "Named Perils". "All Risks" assumes that all risks are initially covered and then individual risks are gradually excluded. While "Named Perils" is the opposite, where nothing is initially covered and then slowly developed for specific risks agreed upon by the insurance company. There is also a new type of insurance called "index coverage", which is relatively cheaper and protects policyholders from precisely measurable natural forces such as excessive or insufficient rainfall, too-high or too-low water temperatures, strong winds, high waves, and so on. A company's best type of insurance is determined based on its individual needs. In cases of damage or loss covered by insurance, it is not enough to make a claim and hopes for payment. Insurance companies conduct thorough examinations to determine whether the problem occurred suddenly, was truly beyond the control of the policy owner, and whether the fish farmer has taken the necessary precautions to avoid danger. If there is a problem with the fish stock, it is recommended to contact the insurance company and follow their instructions immediately. Every detail, every step taken, and every event should be accurately recorded in this situation because the amount of compensation paid by the insurance company, in the end, may depend on it. After receiving a claim notification, the insurance company usually appoints a claims assessor to review and evaluate the claim based on insurance conditions. Claims assessors are usually professionally independent but paid for the task by the insurance company, so their report is also submitted there. Source: https://eurofish.dk/aquaculture-insurance-is-it-worth-it-coverage-of-operational-risks-linked-to-strict-conditions/ https://www.longline.co.uk/site/aboutus/publications/aquaculture_insurance_en.pdf

The Minister of Public Works and Housing of Indonesia, Basuki Hadimuljono, attended the United Nations Water Conference on March 23, 2023, where he shared Indonesia's commitment to the Water Action Agenda. The Water Action Agenda is a global initiative to promote sustainable water management and ensure access to clean water and sanitation for all. During his speech, Minister Basuki emphasized the importance of collaboration among countries to achieve these goals and the need for investment in water infrastructure and technologies. He also highlighted Indonesia's efforts to improve water management, including establishing a national water resources council and developing a national action plan on water resources management. In addition to these efforts, Peterson Indonesia has also implemented consultation services in water certification programs such as the Environmental Water Systems (EWS) and the Alliance for Water Stewardship (AWS) certifications. These certifications aim to recognize organizations that implement sustainable water management practices, such as reducing water consumption, minimizing pollution, and supporting the conservation of water resources. By implementing such consultation services in certification programs, Peterson Indonesia aims to encourage more organizations in Indonesia or other nations to adopt sustainable water management practices and contribute to achieving the Water Action Agenda's goals. Minister Basuki's attendance at the UN Water Conference underscores Indonesia's commitment to global efforts to promote sustainable water management and ensure all access to clean water and sanitation. Source: https://pu.go.id/berita/hadiri-un-2023-water-conference-di-pbb-menteri-basuki-sampaikan-komitmen-indonesia-tentang-water-action-agenda

As global demand for fish and seafood continues to rise, aquaculture is seen as a way to meet this demand while also reducing pressure on wild fish stocks. However, successful aquaculture operations require specialised skills and knowledge. This article will discuss ten aspects of aquaculture operational training that can help individuals gain the skills and knowledge needed to succeed in the aquaculture industry. Based on Fleming College, here are the aquaculture operations: Biology of Cultured Fish One of the most fundamental courses for anyone entering the aquaculture industry is the biology of cultured fish. This course covers the taxonomy and diversity of different fish species, their anatomy, organ systems, reproduction, life cycle, life history, migration patterns, physiology, ecology, and genetics related to aquaculture. Understanding the biology of the raised fish is essential for successful aquaculture operations. Biosecurity Management and Prevention in Aquaculture Operations Aquaculture operations are vulnerable to various diseases and other biosecurity risks, devastatingly impacting production and profitability. This course covers the importance of biosecurity. The risks aquaculture operations face and the best practices for preventing and managing these risks. Topics covered include disease prevention, disinfection, and quarantine procedures. Environmental Impacts and Benthic Monitoring of Aquaculture Operations Aquaculture operations can have significant environmental impacts, particularly on the benthic (seafloor) environment. This course delves into the impacts of aquaculture on the benthic environment, as well as strategies for monitoring and mitigating these impacts. Case studies and real-world examples are used to illustrate the concepts covered. Feeding and Nutrition of Aquaculture Fish Proper feeding and nutrition are essential for healthy fish growth and production. This course explores the different types of raw materials used in salmon feed and their nutritional benefits. Topics covered include the importance of protein, lipids, and carbohydrates in fish diets and the use of feed additives to promote growth and health. Aquaculture Sea Cage Rearing Systems Sea cage-rearing systems are one of the most common forms of aquaculture. This course covers the different components of a sea cage system, including rigging, cage structures, mooring, oxygen control systems, and aeration systems. The course also covers the principles of water flow and management in sea cage systems. Fish Diseases and Health Sample Collection in Aquaculture Operations Fish diseases can have a significant impact on aquaculture production and profitability. This course covers the pathogens affecting aquaculture systems, including viral, bacterial, fungal, and parasitic diseases. The course also covers the influence of environmental factors on these pathogens and prevention, control, and management techniques to maintain a healthy and productive aquaculture system. Harvesting Practices and Physiology Effects on Aquaculture Operations Harvesting and handling fish is a critical part of the aquaculture production process. This course explores the impacts of harvesting and handling on fish physiology and quality, including the effects of lactic acid, gapping, and scale loss. The course also covers best practices for harvesting and handling fish to ensure maximum quality and profitability. Intro to Aquaculture Statistics The course provides a scientific approach to collecting, organising, and interpreting data essential for monitoring and managing fish populations. Aquaculture managers can make informed decisions about feeding regimes, stocking densities, and disease control by analysing data on growth rates, feed consumption, and water quality. Introduction to Aquaculture Provides an overview of aquaculture systems, including producing aquatic organisms and cultivating freshwater plants, marine plants and animals under controlled conditions. This course also covers water quality management, nutrition, and disease control principles. Participants will gain an understanding of the critical factors that influence fish growth and survival, including temperature, oxygen levels, and salinity. Sealice Management and Treatment Methods It focuses on one of the most significant challenges fish farmers face: the control of sea lice. Sea lice are parasitic crustaceans that can cause significant damage to both farmed and wild fish populations. This course provides an overview of the production of sea lice, their impact on fish populations, and the tools to manage them. Participants will also gain an understanding of the design and usage of a variety of aquaculture support vessels and their roles in fish farming practice. In conclusion, aquaculture operational training is an essential tool for the sustainable growth of the aquaculture industry. As the demand for seafood continues to rise, the industry must be able to meet this demand responsibly and environmentally friendly. Operational training programs provide a comprehensive education in aquaculture's technical and practical aspects, ensuring that individuals are equipped with the knowledge and skills necessary to succeed in this field. From fish health and nutrition to water quality and farm management, aquaculture operational training covers a broad range of topics crucial to any aquaculture operation's success. By investing in operational training programs, we can support the growth of a sustainable and responsible aquaculture industry that has provided us with high-quality seafood for years. Peterson is the ultimate solution for anyone seeking to excel in aquaculture. With comprehensive resources and tools, a user-friendly platform, and a team of experienced aquaculture experts, Peterson is the go-to source for mastering all aspects of the field. Whether you're a beginner or an experienced professional, Peterson offers assistance to help you advance your career and contribute to the growth of your organisation by achieving aquaculture certification, such as in Marine Stewardship Council (MSC), Aquaculture Stewardship Council (ASC) and Best Aquaculture Practices (BAP). Contact us today at marketing-indonesia@onepeterson.com to take your aquaculture training to the next level.

Aquaculture is a rapidly growing industry that involves the farming and harvesting of aquatic organisms such as fish, shellfish, and seaweed. In sustainable aquaculture, technical, operational and financial due diligence are crucial components in ensuring the highest level of environmental and social responsibility. The audit for certification ensures that these due diligence components are rigorously assessed and that the aquaculture farm meets the necessary standards for sustainable and responsible practices. Technical due diligence in aquaculture involves assessing the technology and equipment used in the production process. This includes evaluating the quality and reliability of the equipment, as well as the efficiency of the production process. Factors such as water quality, feed quality, and disease control measures must also be taken into account. Technical due diligence is important in aquaculture because it can affect the overall success of the project. If the technology and equipment used are not of high quality, it can lead to low production levels and decreased profitability. Technical due diligence checklist: Architecture and infrastructure people development workflow intellectual property and licensing development strategy Operational due diligence is a type of due diligence that investigates the business model and operations of the target to ensure it’s a good fit for the buyer. Operational due diligence involves evaluating the management team and their ability to operate the aquaculture project successfully. This includes assessing the experience and qualifications of the team, as well as their track record of success in similar projects. Operational due diligence is important because it can affect the efficiency of the production process and the overall profitability of the project. If the management team is inexperienced or does not have a track record of success, it can lead to operational inefficiencies and decreased profitability. This could include review of: All operating processes Supply chain, logistics and procurement efficiencies In-house and departmental efficiencies Human resourcing, workforce strategy and employee retention Digitalization SWOT analysis Cost optimization and risk management Financial due diligence involves assessing the financial health of the aquaculture project. This includes evaluating the project's financial statements and projections, as well as the overall market demand for the product. Financial due diligence is important because it can affect the profitability of the project and the investor's return on investment. If the financial projections are overly optimistic or the market demand is not strong enough, it can lead to decreased profitability and a lower return on investment. Financial due diligence checklist Audited financial statements. Balance sheets. Assets and liabilities. Cash flows. Capital expenditures. Projections. In conclusion, conducting technical, operational, and financial due diligence is crucial for investors looking to invest in aquaculture projects. It is important to assess the quality and reliability of the technology and equipment used, evaluate the experience and track record of the management team, and assess the financial health of the project. By conducting due diligence, investors can make informed decisions and increase their chances of success in the rapidly growing aquaculture industry.

The palm oil industry is one of the contributors to deforestation and greenhouse gas emissions. According to theconversation.com, data shows that palm oil plantations on peatland contribute between 16.6% and 27.9% of total greenhouse gas emissions from Malaysia and Indonesia. Astonishingly this is between 0.44% and 0.74% of annual global emissions. However, the industry is working increasingly to reduce its carbon footprint and move towards a net-zero future. Net zero is a term used to describe the balance between the amount of greenhouse gases emitted and the amount removed from the atmosphere. This means reaching a point where emissions are offset by removing the same amount of carbon dioxide equivalent from the atmosphere. This can be achieved in several ways, including carbon capture and storage, reforestation, renewable energy, and carbon trading. Carbon footprint is the process of measuring the number of greenhouse gases emitted by an organization or industry. It calculates the total amount of carbon dioxide and other greenhouse gases emitted during a product or service's production, processing and transportation. Carbon footprint is essential for measuring an organization's or industry's impact on the environment and identifying opportunities to reduce emissions. Carbon footprint is very important for the palm oil industry to identify the primary sources of emissions and implement strategies to reduce them. According to Efeca Briefing Note January 2022, the main contributors to greenhouse gas emissions in the palm oil industry is land use change (particularly in oil palm grown on peat soils, drainage of peat soils is responsible for 52% of emissions in the life cycle of oil palm grown on peatland plantations). Other emissions sources contribute to the carbon footprint of palm oil, including agricultural inputs, processing, and wastewater generation from palm oil mill effluent. One way to reduce emissions in the palm oil industry is to implement sustainable practices such as: prohibiting the development of palm plantations on peatland, as drainage of peat soils is a significant source of emissions, establishing free fire policies, improving soil health by minimizing the use of fertilizers and pesticides, enforcing reforestation programs and, utilizing renewable energy sources in processing and transportation. In order to ensure that these sustainable practices are correctly implemented in the palm oil industry, certification programs are put in place. These programs certify that the industry meets specific standards for sustainable production. By obtaining certification, the industry can demonstrate its commitment to sustainability and responsible land use. One of the palm oil certifications is Roundtable on Sustainable Palm Oil (RSPO). RSPO is an organization whose purpose is to promote sustainable palm oil production through certification and sustainability standards. RSPO-certified palm oil is produced with less greenhouse gas emissions and less environmental damage than non-certified palm oil. According to nationalgrid.com, another way to reduce emissions in the palm oil industry is through the use of carbon capture and storage (CCS) technology. CCS technology captures carbon emitted from industrial processes and stores it underground, preventing it from being released into the atmosphere. Using CCS technology in the palm oil industry will significantly reduce emissions and help achieve net zero emissions. On the other hand, many experts stated that the use of CCS is expensive and sometimes classified as commercial development. The only way to do this is by using renewable energy, as Greg Bourne stated below in a Climate Council article: In summary, the palm oil industry significantly impacts the environment and reducing carbon emissions is essential to mitigating climate change. Implementing sustainable practices and certification programs such as RSPO and using CCS technology are some strategies that help reduce emissions and achieve net zero emissions in the palm oil industry. Still, the CCS is classified as a not viable climate solution since it is digging up and burning fossil fuels. The palm oil industry can be crucial in mitigating climate change and promoting environmental sustainability by working towards a net-zero future. Peterson can be your trusted partner in navigating the complex and evolving landscape of sustainability standards by assisting your business in achieving palm oil certification like RSPO, ISPO, MSPO etc., and also Net-Zero carbon certification including PAS 2060, ISO 14064-1, ISO 14064-2, UER, Plan Vivo, ISO 14001, and ISO 50001. Our team of experts has extensive experience in providing environmental management solutions. With Peterson, you can demonstrate your commitment to being a sustainable palm oil industry, reducing your carbon footprint and improving operational efficiency. Contact Peterson today at marketing-indonesia@onepeterson.com.

Keisuke Sadamori, the Director of Energy Markets and Security at the International Energy Agency (IEA), has stated that the world is approaching a peak in fossil fuel consumption, with coal being the first to decline. It's important to note that Asia alone accounts for 70% of global coal consumption, and the three largest coal-producing nations - China, India, and Indonesia - set production records in 2022. Considering that coal is a non-renewable resource and its supply chain generates significant greenhouse gas (GHG) emissions, numerous countries are committed to achieving net-zero emissions by 2050. However, phasing out coal is likely to create a demand for bioenergy produced by biomass. Biomass is sourced from organic materials like trees, plants, and agricultural or urban waste. It can be used for heating, electricity generation, and transportation fuels. Producing, processing, and utilizing biomass for energy sustainably and efficiently is crucial to optimize GHG savings and maintain ecosystem services. To accomplish this objective, the Feed-in Tariff (FiT) has become a low-carbon fuel model with its own set of sustainability criteria, including ensuring environmental, social, and governance (ESG) considerations, maintaining a secure supply chain, and third-party verification. FIT has approved some biomass updates as a model for sustainability in low-carbon fuels. The updates include the approval of "new" biomass fuels and certification schemes. Biomass update 2023: In conclusion, with coal consumption declining, there is a growing need for bioenergy produced from sustainable and efficient biomass. The Feed-in Tariff (FiT) has established its own sustainability criteria for low-carbon fuel, including third-party verification and ensuring environmental, social, and governance (ESG) concerns. Several biomass updates, including "new" biomass fuels and certification schemes, have been approved by FiT as a model for sustainability in low-carbon fuels. However, there is still a need for risk evaluation of biomass fuel regarding food competition and land use change. By utilizing certified biomass, countries can achieve their goal of phasing out coal while maintaining a sustainable and environmentally conscious energy source. Looking for a reliable partner to achieve your business's certification in biomass? Look no further than Peterson! With our expertise and experience, we can assist you in obtaining the necessary certifications approved by FiT, such as RSPO, MSPO, FSC, PEFC, SBP, RSB, GGL, and ISCC. Our team of professionals is ready to help you navigate the complex process of certification and ensure that your business meets all the necessary sustainability criteria. Contact us today at marketing-indonesia@onepeterson.com to start your journey towards a sustainable and eco-friendly future with certified biomass.