TEMPO.CO, Mumbai, India – The fastest-growing food commodity, vegetable oils, plays a fundamental role in supporting humanity’s needs, both for consumption and various applications. However, it is now facing the challenge of meeting demand that increasingly outruns the supply. Swift and decisive action is required from vegetable oil-producing countries to address immediate challenges and enhance future resilience in providing sustainable vegetable oils.
To facilitate this action, the Council of Palm Oil Producing Countries (CPOPC) and Indonesian Palm Oil Association (GAPKI) will co-host the 2nd Sustainable Vegetable Oils Conference (2nd SVOC), aligning with the G20 meetings and back-to-back with the Globoil India 2023.
After its first conference last year in Bali in November, the Second Sustainable Vegetable Oils Conference this year will be held in Mumbai, India, on September 27, at the ITC Maratha Hotel. Dr. Rizal Affandi Lukman, the Secretary General of CPOPC, explained that there are quite some things contributing to the challenges, such as sustainability concerns and climate change impacts, which pose obstacles for major vegetable oil producers.
”The challenges posed by the pandemic, climate change, food trade restrictions, and the Ukraine conflict, and sustainability concerns have become significant hurdles for vegetable oil producers, with long-term stress exacerbating vulnerabilities to unforeseen disruption,” said Rizal on Tuesday, September 26, 2023.
There will be 3 main topics to be discussed at the conference; the first will be an overview of global vegetable oils, the second is about positioning sustainable vegetable oils in the global market, and the third is about how to build resilience to navigate uncertainties.
The primary objective of this conference is to facilitate discussions on the global challenges within the vegetable oil supply chain and to inform stakeholders of the latest updates and visionary strategies in ensuring food and energy security, tackling sustainability issues, and effectively mitigating and adapting to the impacts of climate change.