Sustainable Palm Oil Initiative (SPO)
Green Comodities Programme
Palm oil and the derivatives are part of thousands of products across the globe today. Since 1990, palm oil consumption has quintupled worldwide. The demand in Asia, where palm oil is used in cooking oil, accounts for $44 billion industry. Indonesia is the world's largest producer of palm oil, with a forecasted annual growth in production of 10% Early 2013, exports from Indonesia hits five-year high.