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- Verifying Recycled Content in Plastic Products: Standards and Certification Schemes Review
As the world becomes increasingly aware of the environmental impact of plastic waste, there has been a growing demand for more sustainable and eco-friendly solutions. One approach to tackling this issue is through the use of recycled plastic materials, which can reduce waste and conserve resources. However, verifying the recycled content of plastic products can be a complex and challenging task, requiring standardised certification schemes and rigorous testing procedures. This list below is the comparative review of the standards and certification schemes used to verify recycled content in plastic products, providing the jurisdiction of each approach. EN 15343: 2007 Plastics Recycling Traceability and Assessment of Conformity and Recycled Content (Europe): The CEN published a standard that outlines the required mechanical recycling procedures for products made from recycled plastics. The standard provides traceability proof and enables manufacturers to use recycled materials with confidence. ISO 22095 Chain of Custody – General Terminology and Models (Global): This resource offers clear definitions of various CoC models and their requirements, applicable to all industries, materials, and products. It can serve as a reference for any organization at any stage of the supply chain or for standard setting organizations developing CoC standards. International Sustainability and Carbon Certification (ISCC) Plus (Global): A global voluntary certification system that certifies sustainable, deforestation-free, and traceable supply chains for materials from agriculture, forestry as well as waste and residue raw materials, non-bio renewables and recycled carbon materials and fuels. The standard can be applied to all markets including chemical and energy markets, as well as food and animal feed UL 2809 Environmental Claim Validation Procedure (ECVP) for Recycled Content (Global): This program provides third-party validation of products' recycled content, including post-consumer, pre-consumer, closed-loop, and Ocean Bound Plastic. It certifies any material or industry, from electronics to jewelry and batteries, and has completed projects involving glass, gold, copper, tantalum, and cobalt throughout the supply chain. SCS Recycled Content Standard (Global): This voluntary standard assesses products made from pre-consumer or post-consumer waste material and measures the percentage of recycled content to make accurate claims in the market. Association of Plastic Recyclers (APR) Postconsumer Resin (PCR) Certification (USA): Assures converters and brand owners that the material they are purchasing and using in their packaging is post-consumer recycled (PCR). GreenBlue Recycled Material Standard (RMS) (North America): A market-based framework for consistent labeling of recycled content products and packaging, either through CoC certification or ARC certificate trading. EuCertPlast (Europe): This is a Europe-wide voluntary certification program designed to acknowledge high-standard recyclers of pre- and post-consumer plastic waste who operate according to strict standards. RecyClass (Europe): This is a voluntary audit scheme conducted by a third-party to confirm the traceability of recycled materials across all stages of the value chain, also ensures that the origin of the material, whether pre- / post-consumer, is accurately reflected in product claims. Recycled Claim Standard (RCS) (Global): Voluntary standard for third-party certification of recycled input and CoC, aimed at promoting greater use of recycled materials. The affiliated CCS verifies the accuracy of content claims by confirming the presence and quantity of a raw material in a final product. RSB Standard for Advanced Products (Global): This scheme certifies all industries, including plastics, textiles, pharmaceuticals, packaging, tableware, cosmetics, nutritional supplements, food, feed, pulp, and paper. It uses a single, consistent standard for bio-based, recycled content, attributed systems. RAL Quality Mark for Recycled PET (Germany): This certification is granted to fillers, bottle and preform manufacturers, and recycling companies that meet quality and testing requirements for producing PET beverage bottles from post-consumer waste. QA-CER Recycled Content Certification System (Global): This is a voluntary third-party system certification that is based on the principles of ISO 9001, including CoC. Istituto per la Promozione delle Plastiche da Riciclo (IPPR) Plastica Seconda Vita (PSV) (Italy): This voluntary product certification scheme certifies mechanically recycled plastic and was developed in Italy. Its purpose is to make recycled plastic products more visible and identifiable to public administrations and companies with a public capital focus. Cradle to Cradle Certified (USA): This certification program assigns an A, B, C, X, or GREY rating to recycled content materials that undergo assessment when used in finished products seeking certification. Summary Table In conclusion, verifying recycled content in plastic products is becoming increasingly important in today's world. With a growing emphasis on sustainability and environmental responsibility, consumers and businesses alike are looking for ways to reduce their impact on the planet. Standards and certification schemes play a vital role in ensuring that recycled content is accurately measured and reported, giving consumers the confidence they need to make informed purchasing decisions. By staying up-to-date with the latest developments in this area, businesses can position themselves as leaders in sustainability and meet the changing demands of today's market. Attention businesses seeking to incorporate recycled content in plastic products! We understand that navigating this landscape can be daunting, which is why we recommend seeking the assistance of Peterson Projects and Solutions Indonesia. As professional consultants in sustainable business practices and certification, we can guide you towards your sustainability goals while ensuring industry compliance. Contact us at marketing-indonesia@onepeterson.com for more information. Let's work towards a greener future together.
- Fishing for Success: How Feasibility Studies and Business Planning Can Help Your Aquaculture Thrive
A business feasibility study is a detailed analysis of the viability of an idea or concept for a business venture. Once feasibility has been determined, a business plan documents the operational and financial objectives of the venture and the detailed plans to achieve them. Aquaculture is a complex and capital-intensive industry that requires careful planning and management to ensure its success. Feasibility studies and business planning are critical components in the process of starting and operating an aquaculture business to assess the viability and potential success of a proposed project or business venture. These processes can help entrepreneurs make informed decisions, allocate resources effectively, and develop strategies to mitigate risks and challenges, leading to a higher likelihood of success. Here is an example of an aquaculture business feasibility study and business plan: Feasibility Study: An entrepreneur wants to start an aquaculture business that will specialize in the production of targeted fish for local and export markets. The feasibility study will assess whether the idea is viable and financially feasible. Market feasibility: The study will examine the demand for targeted fish in local and export markets, the competition, and pricing trends. Technical feasibility: The study will assess the availability and suitability of land, water, and other resources for the production of targeted fish. It will also examine the required technology, equipment, and infrastructure to support the business. Financial feasibility: The study will analyze the estimated costs, revenue projections, and potential return on investment to determine whether the business is financially feasible. Legal feasibility: The study will examine the legal requirements, permits, licenses, and zoning regulations needed to start and operate the business. Operational feasibility: The study will assess the staffing requirements, skills, and training needed to operate the business and identify potential operational risks and challenges. Business Plan: Assuming the feasibility study shows that the business is viable, the entrepreneur can proceed to develop a business plan. The business plan will detail the operational and financial objectives of the venture and the detailed plans to achieve them. Here are some sections that would be included in the plan: Executive Summary: This section will provide a summary of the business idea, the market opportunity, and the financial projections. Company Description: This section will provide background information about the business, its mission, and its products or services. Market Analysis: This section will provide an analysis of the market opportunity for targeted fish, including the target market, competition, and pricing. Management and Staffing: This section will describe the management team, the organizational structure, and the staffing requirements. Operations Plan: This section will detail the production process, technology, equipment, and infrastructure required to produce targeted fish. Marketing Plan: This section will describe the marketing strategies and tactics that will be used to promote and sell the products. Financial Plan: This section will provide financial projections, including income statements, cash flow projections, and a balance sheet, and will also include a funding request if needed. In conclusion, feasibility studies and business planning are crucial for the success of aquaculture businesses. These processes can help entrepreneurs assess the market demand, availability of resources, technical requirements, financial viability, and potential risks and challenges. By conducting a thorough feasibility study and developing a comprehensive business plan, entrepreneurs can make informed decisions and allocate resources effectively, leading to a higher likelihood of success. Furthermore, it is essential to seek expert advice and assistance to ensure the success of the aquaculture business. Peterson Projects and Solutions Indonesia is a leading consultancy firm including in the aquaculture industry. Our team of experts can provide valuable insights and solutions for your aquaculture business, including certification, technical support, and training. If you need assistance or consultancy for your aquaculture business, don't hesitate to contact Peterson Projects and Solutions Indonesia at marketing-indonesia@onepeterson.com. Let us help you turn your aquaculture business into a success story.
- Sustainable Aquaculture: Ensuring the Strategy and Policy Development
Aquaculture is the farming of aquatic organisms such as fish, molluscs, crustaceans, and aquatic plants. In recent years, the aquaculture industry has grown significantly around the world. This growth has been driven by increasing demand for seafood, declining wild fish stocks, and a desire to reduce the environmental impact of fishing. Senior fish farm worker — Photo by photography33: In order to support the growth of the aquaculture industry and ensure its long-term sustainability, it is important to develop effective strategies and policies for this sector. The process of Strategy and Policy Development entails outlining the steps needed to create, compose, and organize your policy for eventual implementation. Strategy and Policy development hold significance because it enables you to operationalize your chosen policy option by formulating a strategy and crafting the policy. The exact methodology for this process can vary depending on the specific policy being addressed. Strategy: Your strategy identifies the steps for policy enactment, and you identified what may help or prevent the enactment of the policy Policy Development: You researched and considered model policies, the policy is drafted and clearly shows how it will work in the real world, and you identified any additional information or resources that may be needed for implementation Here are some key points to consider when developing strategies and policies for aquaculture: Environmental sustainability: Aquaculture can have a significant impact on the environment, particularly if it is not managed properly. It is important for policies and strategies to ensure that aquaculture practices are environmentally sustainable and that they do not damage the wider ecosystem. Economic viability: Aquaculture can be a profitable industry, but it can also be expensive to establish and maintain. Strategies and policies should aim to support the economic viability of the industry, while also ensuring that it is not reliant on unsustainable practices. Innovation and research: There is still much to learn about aquaculture, and ongoing innovation and research are essential to support the growth and sustainability of the industry. Policies and strategies should encourage innovation and research, and provide funding and support for these activities. Regulation and governance: Effective regulation and governance are essential to ensure that aquaculture practices are sustainable and that the industry operates within legal and ethical frameworks. Policies and strategies should include measures to improve regulation and governance and to ensure that there is transparency and accountability in the industry. Social responsibility: Aquaculture can have significant social impacts, both positive and negative. Policies and strategies should aim to support the social responsibility of the industry and to ensure that it operates in a way that benefits local communities and respects their rights and cultures. Strategy and policy development refer to the process of formulating plans and actions to achieve specific goals or objectives. It involves identifying the desired outcomes, assessing the current situation, determining the best course of action, and developing plans to achieve the desired results. In the context of aquaculture, strategy and policy development can involve the following steps: Identifying the desired outcomes: This involves determining the goals and objectives for the aquaculture industry, such as sustainable production, environmental protection, and economic growth. Assessing the current situation: This involves evaluating the current state of the aquaculture industry, including production methods, environmental impacts, regulatory frameworks, and market trends. Determining the best course of action: This involves analyzing the options available for achieving the desired outcomes, such as improving production methods, implementing new regulations, or promoting sustainable practices. Developing plans to achieve the desired results: This involves developing detailed action plans to implement the chosen strategies and policies, including timelines, budgets, and responsibilities. Monitoring and evaluating progress: This involves regularly monitoring and evaluating progress towards the desired outcomes and making adjustments as necessary. In conclusion, the development of effective strategies and policies is essential to support the growth and sustainability of the aquaculture industry. These policies should aim to promote environmental sustainability, economic viability, innovation and research, regulation and governance, and social responsibility. By working together, policymakers, industry leaders, and other stakeholders can ensure that the aquaculture industry continues to grow and thrive in a sustainable and responsible way. Peterson Projects and Solutions can help your aquaculture business achieve sustainability by developing strategies and policies that meet the standards of certification bodies such as ASC, GLOBALG.A.P., and MSC. Our team of experts has a deep understanding of the aquaculture industry and will work closely with you to tailor our solutions to your specific needs and goals. By partnering with Peterson Projects and Solutions, you can be confident that your business will not only comply with industry standards but also make a positive impact on the environment. Contact us at marketing-indonesia@onepeterson.com to schedule a consultation and take your aquaculture business to the next level.
- Sea to Table: Sustainability via Traceability & Transparency in Seafood Supply Chains
The seafood industry is one of the most dynamic and complex global supply chains, with a wide range of actors involved in its production, processing, and distribution. Achieving sustainable seafood supply chains is essential for ensuring the long-term viability of the industry and protecting the environment. Traceability and transparency are two critical elements that can help achieve this goal. Traceability and transparency assessments are critical in achieving sustainable seafood supply chains. Here are some key points about their importance and implementation: Importance of traceability and transparency: Traceability and transparency help to ensure that seafood is sourced responsibly and sustainably. This is important for protecting the environment and promoting the well-being of workers in the seafood industry. By ensuring traceability and transparency, seafood companies can provide their customers with reliable information about the seafood they consume, enabling them to make informed decisions. Implementation of traceability: Traceability refers to the ability to track the journey of a seafood product from the point of catch to the point of sale. Traceability can be implemented through various methods, such as using blockchain technology, electronic tagging, and other tools to track seafood from the point of harvest to the point of sale. Implementation of transparency: Transparency refers to the disclosure of information about the product's origin, production processes, and distribution. Transparency can be achieved by providing information about the source of the seafood, the fishing or aquaculture practices used, and the supply chain through which it was processed and distributed. This information can be shared through labeling, certifications, and other means. By doing so, they enable customers to make informed decisions about the seafood they consume. Certification programs: The disclosure of this information can take many forms, including labelling, certification, and online platforms that provide information about the seafood products being sold. Certification programs, such as the Marine Stewardship Council (MSC) and the Aquaculture Stewardship Council (ASC), can help to ensure that seafood is sustainably sourced and that traceability and transparency are maintained throughout the supply chain. These mechanisms can provide customers with information about the sustainability of the seafood products they purchase, enabling them to make informed decisions. Collaboration: Collaboration among stakeholders in the seafood industry, including fishers, processors, retailers, and consumers, is crucial to achieving traceability and transparency for sustainable seafood supply chains. This collaboration can help to ensure that traceability and transparency are maintained and that sustainability is prioritized throughout the supply chain. To consider the key points, companies must implement efficient data management systems that enable them to track and trace the seafood products they produce, process, and sell. This could require implementing technology-based systems, such as radio-frequency identification (RFID) tags, electronic catch documentation and traceability (eCDT) systems, and blockchain technology. These systems enable companies to track the seafood products they produce, process, and sell, providing a record of the product's origin, production processes, and distribution. In addition to technological systems, companies must also ensure that they have effective policies and procedures in place that govern the use of these systems. This includes ensuring that all actors in the supply chain comply with the policies and procedures and that there are adequate mechanisms in place to monitor compliance. In conclusion, achieving sustainable seafood supply chains requires the implementation of traceability and transparency mechanisms. Transparency enables the capture of important supply-chain information like product components, certifications, and supplier names, which fosters trust across the supply chain and allows for better data gathering. Traceability, on the other hand, focuses on capturing more specific data on individual products such as chemical composition, sourcing information, and purchase orders, but is limited to the product or batch level. By tracking and tracing the seafood products they produce, process, and sell, and disclosing information about their origin and production processes, seafood companies can provide their customers with reliable information and enable them to make informed decisions. This, in turn, can improve the sustainability of seafood supply chains and protect the environment for future generations. By partnering with Peterson Project and Solution Indonesia, businesses can ensure that their seafood products are sourced responsibly and meet international sustainability standards. We can help businesses ensuring the track of their supply chains from source to end consumer, also ensuring that the products are of the highest quality and comply with relevant regulations. To get started, businesses can contact Peterson Project and Solution Indonesia at marketing-indonesia@onepeterson.com. We will work with each business to create a tailored solution that meets their specific needs and helps them achieve their sustainability goals.
- Market Maintenance Tips in Keeping Seafood Supply Chains Sustainable
Market evaluations and market access or improvement strategies are crucial for the success of sustainable seafood supply chains. Market evaluations furnish information on the demand for sustainable seafood, the competition within the market, and the pricing structure. Market access or improvement plans outline tactics for improving access to markets and enhancing the competitiveness of sustainable seafood products. Here are some key points to consider: Market Appraisals: Identify the key stakeholders in the seafood supply chain, including suppliers, processors, distributors, and retailers. Analyse the current market demand and trends for sustainable seafood. Conduct a SWOT analysis (strengths, weaknesses, opportunities, and threats) to identify potential challenges and opportunities in the market. Conduct market research to understand consumer preferences and willingness to pay for sustainably sourced seafood. Identify and assess existing sustainability standards and certification schemes to ensure that they meet the needs of the market. Market Access/Improvement Plans: Develop a sustainability plan that addresses the environmental, social, and economic impacts of seafood production and distribution. Establish traceability systems to ensure that seafood products can be traced back to their source and that they meet sustainability standards. Implement sustainable fishing practices and aquaculture techniques that minimise environmental impacts. Engage with suppliers and other stakeholders to encourage sustainable practices and improve the sustainability of the supply chain. Collaborate with NGOs and other organisations to develop and promote sustainability initiatives in the seafood industry. Invest in research and development to improve sustainability standards and practices. In conclusion, market evaluations and market access or improvement strategies are essential for the success of sustainable seafood supply chains. By conducting market evaluations and implementing market access or improvement plans, the seafood industry can better understand the market demand for sustainable seafood and develop strategies for increasing its competitiveness. This can help the industry to penetrate new markets, increase its market share, and promote sustainable fishing practices.
- ESG in Action: For a Sustainable Seafood Supply Chain
Environmental, Social, and Governance (ESG) studies are crucial in achieving sustainable seafood supply chains. The seafood industry dramatically impacts the environment and the well-being of communities involved in fishing and aquaculture. It is, therefore, vital to consider ESG factors in decision-making to ensure the industry's long-term viability and positive impact on the environment, society, and economy. Here are some of the key ESG considerations in the seafood industry: Environmental Sustainability: This encompasses the impact of fishing and aquaculture on the marine ecosystem, such as overfishing, habitat destruction, and harmful fishing practices. It also covers the environmental impact of seafood production, transportation, and consumption. Social Responsibility: This encompasses the treatment of workers in the seafood industry, particularly regarding fair labour practices, working conditions, and health and safety. It also covers the impact of seafood production on local communities, such as displacement and loss of livelihoods. Good Governance: This encompasses transparency and accountability in the seafood supply chain, from fishing or aquaculture operations to the retail or food service sector. It also contains responsible and sustainable management of fishery resources to ensure their long-term viability. By taking these ESG factors into account, seafood companies can ensure that their operations are sustainable and positively impact the environment and society. Furthermore, companies adopting sustainable seafood practices will likely have better reputations and improved relationships with customers, suppliers, and stakeholders. In conclusion, at Peterson Projects and Solutions Indonesia, we recognise the significance of ESG in the seafood industry and are committed to promoting sustainable seafood practices. If you want to join us in our mission to create a more sustainable seafood supply chain, don't hesitate to contact us at marketing-indonesia@onepeterson.com. Together, we can positively impact the environment, society, and economy.
- Carbon Footprinting and Decarbonisation: Charting a Course for Sustainable Seafood Supply Chains
Carbon footprinting and decarbonisation play a crucial role in achieving sustainability in seafood supply chains. Carbon footprinting involves the measurement of the amount of carbon dioxide and other greenhouse gases emitted by a company or product, providing insight into its carbon impact. Decarbonisation, on the other hand, refers to reducing the carbon footprint of a product or process. Carbon footprinting and decarbonisation are essential in achieving sustainability in seafood supply chains. Carbon footprinting helps identify areas where emissions can be reduced and informs the development of strategies to reduce emissions, such as alternative transportation methods and sustainable feed sources. Decarbonisation efforts, including sustainable fishing practices and sourcing, reduce the carbon emissions associated with fishing, processing, and transportation. By implementing these measures, companies can create a more sustainable and responsible seafood supply chain that reduces carbon emissions and preserves the ocean's ecosystem and the livelihoods of fishing communities. credit image: https://www.visualcapitalist.com/sp/decarbonization-101-what-carbon-emissions-are-part-of-your-footprint/ Here are some key points to consider when conducting carbon footprinting and decarbonisation in order to achieve sustainability in seafood supply chains: Measure and monitor carbon emissions: Measure the amount of carbon dioxide and other greenhouse gases emitted by your company or product in order to understand its carbon impact. This will provide the necessary data to inform decarbonisation efforts. Target high-emission areas: Identify areas of the seafood supply chain where emissions are highest, such as transportation, refrigeration, and feed production. These areas should be prioritised for decarbonisation efforts. Adopt sustainable fishing practices: Reduce the carbon emissions associated with fishing practices by adopting more sustainable methods, such as using electric fishing boats, reducing the distance travelled to fishing grounds, and improving the efficiency of fishing gear. Source sustainably: Sourcing seafood from more sustainable sources can reduce the carbon emissions associated with fishing, processing, and transportation. This can include sourcing seafood from small-scale, locally-based fishing communities or from farms that use renewable energy sources. Reduce waste throughout the supply chain: Implementing waste reduction measures throughout the seafood supply chain can help to reduce emissions and create a more sustainable supply chain. Use alternative transportation methods: Consider alternative transportation methods, such as shipping by rail or sea, in order to reduce emissions associated with transportation. Improve refrigeration systems: Improving refrigeration systems can help to reduce emissions and improve the energy efficiency of the supply chain. Use sustainable feed sources: Using sustainable feed sources can help to reduce emissions associated with feed production and create a more environmentally responsible supply chain. By following these steps, companies can create a more sustainable and responsible seafood supply chain that reduces carbon emissions and preserves the health of the ocean's ecosystem and the livelihoods of fishing communities for future generations. In conclusion, carbon footprinting and decarbonisation are essential steps in achieving sustainability in seafood supply chains. By reducing carbon emissions, companies can create more sustainable supply chains that are environmentally responsible, economically viable, and socially responsible. This will ensure that seafood is produced in a way that is both sustainable and responsible, preserving the health of the ocean's ecosystem and the livelihoods of fishing communities for future generations.
- Sustainable Seafood Supply Chain: The Power of Mapping and Development
Seafood is a crucial source of protein for a large proportion of the world's population. However, the fishing industry has faced numerous challenges, including overfishing, bycatch, and habitat destruction. These challenges have led to the decline of marine biodiversity and a negative impact on the environment. To tackle these issues, it is vital to develop sustainable seafood supply chains that ensure responsible and ethical fishing practices. One crucial step is to carry out supply and value chain mapping and development. credit image: https://ebrary.net/172770/management/seafood_supply_chains The first step in establishing a sustainable seafood supply chain is to comprehend its structure and the flow of goods and services. This entails mapping the entire supply chain, from fishing boats to processors, distributors, and retailers. This information aids in identifying areas for improvement and provides a starting point for monitoring progress. It is also important to consider the impact of fishing practices on the marine environment and the livelihoods of fishing communities. "By adopting a holistic approach and taking these factors into account, a sustainable seafood supply chain can be established that is economically, socially, and environmentally sustainable." This involves sourcing seafood from responsible and sustainable sources, introducing traceability systems, and reducing waste throughout the supply chain. 5 Facts about sustainable seafood supply chains: Importance of Traceability: In a sustainable seafood supply chain, it's essential to have a clear traceability system in place to track the origin and journey of seafood products from harvest to the end consumer. This helps ensure the products are sustainably sourced and not contributing to overfishing or other environmental harm. Consumer Awareness and Demand: Consumer demand is a driving force in the development of sustainable seafood supply chains. As more consumers become aware of the environmental impacts of their seafood choices, they are increasingly seeking out sustainably sourced options. Collaboration across the Supply Chain: The sustainable seafood supply chain requires collaboration and cooperation between different actors, including fishermen, processors, distributors, retailers, and consumers. This involves sharing information, establishing common goals, and working together to promote sustainable practices. Certification and Labeling: Certification programs and labeling schemes play a critical role in promoting sustainable seafood. These programs provide a transparent, verifiable system for tracking the sustainability of seafood products and help consumers make informed choices. Managing the Impacts of Fishing and Aquaculture: Sustainable seafood supply chains must take into account the environmental and social impacts of fishing and aquaculture practices. This includes reducing fishing effort in overfished areas, reducing bycatch, and ensuring that aquaculture is conducted in a manner that protects local ecosystems and communities. In conclusion, creating a sustainable seafood supply chain is a complex and ongoing process that requires a comprehensive understanding of its architecture and the flow of goods and services. By prioritising environmental and social sustainability, the seafood industry can secure its long-term viability and conserve the ocean's ecosystem for future generations. Partner with Peterson Project and Solutions Indonesia to secure a sustainable seafood supply chain. Our expertise in mapping and development will steer you towards a responsible and environmentally friendly industry. Get in touch with us at marketing-indonesia@onepeterson.com to discover more about our services and make the initial move towards a positive future for the seafood industry.
- New Economy 2023?
"The economy is like a car, it can be driven in any direction depending on the actions of its driver." The global economy has been significantly impacted by various factors in recent years, including the COVID-19 pandemic, trade tensions, and geopolitical instability. As a result, many countries are facing challenges in terms of growth, employment, and inflation. Despite these challenges, some economies are demonstrating resilience and are able to maintain steady growth. For example, countries in the Asia-Pacific region have been able to recover quickly from the pandemic thanks to their strong manufacturing sector and export-oriented economies. On the other hand, some countries in Europe and North America continue to struggle with high unemployment and slow growth. Governments and central banks are taking various measures to support the economy, including monetary policy measures such as low-interest rates and large-scale asset purchases, as well as fiscal measures such as stimulus packages and increased government spending. However, there is concern that these measures may lead to inflation and long-term debt sustainability issues. "An economy that prioritizes growth and fairness will not only lift up individuals, but also drive prosperity for all." In conclusion, the global economy is facing a complex and rapidly changing environment, with both challenges and opportunities for growth. It is essential for policymakers and businesses to closely monitor economic indicators and adjust their strategies accordingly in order to ensure sustainable and inclusive economic development.
- Climate Change does exist! How long are you going to ignore it?
Climate Change does exist! How long are you going to ignore it? Global warming has emerged as one of the most critical environmental issues ever to confront humanity. This concern arises from the fact that our everyday activities may be leading to changes in the earth's atmosphere that have the potential to alter the planet's heat and radiation balance significantly. According to the IPCC report, global warming will significantly impact Asia, and India is at high risk among Asian countries. About half of habitable land on Earth is used for farming, resulting in the world's single largest source of greenhouse gases and ecosystem destruction. To reduce global warming and climate change, we must be more nature positive it is a foundation for good governance, long-term stable societies, and healthy economies. It is a philosophy that values our shared future. And it is a new business model based on regeneration, resilience, and recirculation – not destruction and pollution. What does becoming nature-positive mean? It is a way to describe an essential first step on the path to full nature recovery. Being nature-positive means reversing the current biodiversity declines, so species and ecosystems begin to recover. A nature-positive goal is not some dream to be realized many generations from now: it is a goal for the next decade and is increasingly important. What does nature positive mean for businesses? Businesses across every sector can play a pivotal role in helping to address biodiversity loss. However, treading lightly and avoiding loss is no longer sufficient. Biodiversity loss could have a range of impacts, including disruption of supply chains, causing scarcity of materials, and price inflation. Biodiversity loss is also becoming a critical consumer issue. To correct our course, we need to go further and focus on what can be gained. Nature positive is a goal for the next decade and a steppingstone to full nature recovery.
- RSPO RT 2022 - Accelerating the Sustainable Palm Oil Value Chain through Collaboration
Source: InfoSAWIT The Roundtable on Sustainable Palm Oil (RSPO) held its annual offline and online (hybrid) event this year. The event began at the Shangri-la Hotel in Kuala Lumpur, Malaysia, on November 29, 2022. RSPO Plans 2022 was announced on the first day of the event, with RSPO CEO Joseph D'Cruz providing the introductory remarks. Throughout his introduction, D'Cruz invited all parties to work together to develop sustainable palm oil worldwide. The significance of sustainability is a result of a long journey to become the standard. The trip also necessitates overcoming obstacles. He emphasized that to demonstrate to many people that Sustainable Palm Oil is the best for the planet, we collaborate with all parties to promote sustainability. D'Cruz said 20% of global palm oil will be RSPO-certified by November 2022. This number doubled from 2011's 11%. RSPO launched the RSPO Effect Report 2022 at RT2022, aligning its impact framework with the UN's SDGs (SDGs). Respect human rights, involve independent smallholders, safeguard the environment, prevent fires, limit climate change, strengthen certification, and reform markets. RSPO has been decarbonizing since 2015 to reduce emissions. Total emissions reduced equal almost 400k autos driven annually. If the palm oil sector is operated sustainably, it can contribute to net zero emissions, encourage a good life, and help millions of families in underdeveloped nations, said D'Cruz. This annual meeting promotes the growth of CSPO production by small-scale oil palm farmers who work independently. Petani Kelapa Sawit Sejahtera Tambusai (PPSSTS), which is in Rokan Hulu Regency in the province of Riau, is one of them. The Palm Oil Farmers Union helped make this success happen (SPKS). Mardoli Pasaribu, the ICS Manager of PPSSTS, says that this farmer group comprises 102 independent smallholders from 4 nearby villages who own a 345.94-hectare oil palm plantation. Quoting on what Mardoli told InfoSAWIT on Tuesday, November 29 2022, by getting the RSPO certification, hoping that other smallholders will be able to use the RSPO independent smallholder standard and that this certification will help independent smallholders in Rokan Hulu. And they hope that in the future they can become more organized. Mardoli also thanked SPKS for helping the certification process go smoothly with their help. Getting this RSPO certification is another step toward international recognition that independent smallholders can make by getting RSPO certification. Besides that, RSPO also gave Excellence Awards to members who achieved sustainable commitments. The prize was granted at the Round Table RSPO 2022 (RT2022) event in Scaling Up The Sustainable Palm Oil Value Chain Through Collective Action. The RSPO Excellence Awards have three categories: conservation leadership, smallholder impact program, and remarkable performance. The award is granted to RSPO members who have contributed to a sustainable palm oil sector, says RSPO CEO Joseph D'cruz. Joseph remarked that this award is presented to members who have vigorously applied RSPO principles and criteria. Agro-America Tropical Oil Holding Group received the honour. This palm oil company is regarded to have applied RSPO's environmental and social principles and criteria, such as maintaining and increasing high conservation value (HCV) and high carbon stock (HCS) areas and conserving endangered species and habitats. Musim Mas Holdings Pte Ltd won the smallholder impact program. Musim Mas enhanced farmers' knowledge-cultivation capacity, market access, dan boosting their well-being. Also, PT Austindo Nusantara Jaya Agri won for outstanding achievement. This palm oil company revolutionized its business by promoting and producing sustainable palm oil, according to the verdict. RSPO also offers shared responsibility awards in other sectors. Citi got banks and investors sector, Fauna & Flora International got environmental NGOs, McDonald's got retail, and the Red Cross got social NGOs (ICRC). Wilmar International Limited won for plantations. D'Cruz hopes this prize will encourage firms and organizations to improve their commitment to sustainability in the palm oil industry. Source: https://www.infosawit.com/2022/11/29/acara-rspo-rt-2022-dibuka-hari-ini/ https://www.infosawit.com/2022/11/29/petani-sawit-swadaya-anggota-ppssts-rokan-hulu-memperoleh-sertifikat-rspo/ https://katadata.co.id/jeany/info/63860eebd50ed/rspo-beri-penghargaan-komitmen-berkelanjutan-di-rt2022 https://katadata.co.id/jeany/info/6388322d0fba2/rspo-klaim-20-cpo-global-bersertifikat-berkelanjutan
- G20 Energy Transition Points
During the press conference on Wednesday evening (16/11), Positive news for our nation's energy transition has been delivered by the President of Indonesia, Joko Widodo, declared the funding to improve energy transition in Indonesia that has agreed upon in G20 Forum. He answered that there would be 20 billion USD for Indonesia to be committed to Just Energy Transition Partnership (JETP). It should be noted that the G20 leaders agreed on 52 points in the Bali Declaration to support the achievement of the global community's goals through enhanced efforts and commitment in numerous areas. In two of the 52 points, the G20 Leaders specifically agreed to speed up and achieve an energy transition that is sustainable, fair, affordable, and inclusive investment. These two points are specifically relevant to the energy sector. With this are the two points of the declarations regarding the energy sectors: The 11th point of the Bali Declaration said that it underscores the urgency to transform and diversify energy systems with speed, resilience, energy security, and market stability by accelerating and ensuring an energy transition that is sustainable, fair, affordable, and inclusive. It reaffirms the commitment to achieving Net Zero Emissions of greenhouse gases by continuing to support developing countries, the demand for especially the most vulnerable ones. The following 12th point states that it reaffirmed the dedication to attaining Sustainable Development Goal (SDG) 7 as well as their efforts to eliminate energy poverty and bridge the energy access gap. Commitment to identifying solutions to bring about the energy market's stability, transparency, and affordability. The efforts will meet the climate targets by boosting energy security and supply chains, diversifying the energy systems, and accelerating the transition. In accordance with the 12th point, concrete action has been proposed for the deployment expansion towards zero and low-emission power generation, including renewable energy, policies to improve energy efficiency, and GHG reduction and removal technologies. Knowing how critical it is to move quickly with the development, application, and implementation of transition policies towards low-emission energy systems, including the rapid expansion of clean power generation, including renewable energy, energy efficiency measures, and the early retirement of coal-fired power, in accordance with circumstances and based on national needs to support a just transition. Source: https://migas.esdm.go.id/post/read/pemimpin-negara-g20-sepakati-deklarasi-bali-ini-poin-penting-kesepakatan-sektor-energi











