Analysts warn that limiting exports could tighten global supply and drive up prices for edible oils, particularly in countries heavily reliant on Indonesian palm oil.
A Joint Working Group co-chaired by APOA and CPOPC, with Solidaridad serving as the technical secretariat, will oversee the implementation of the MoU.
The roadmap includes measures to align Côte d’Ivoire’s production with international standards.
Terra Oleo estimates its technology could eliminate up to 900 million tonnes of CO2 annually from palm oil and cocoa supply chains.