Tue, 02 Feb 2010
From: The Jakarta Globe
By Arti Ekawati
The palm oil industry, which is regularly accused of being a major contributor to climate change, wants to develop a universally accepted measurement of the environmental impact of palm oil production.

Witjaksono Darmosarkoro, director of the state-run Indonesian Oil Palm Research centre (PPKS), said it was inevitable that agricultural activities would create carbon emissions, which contribute to global warming.

However, the sector was also responsible for removing some carbon dioxide from the atmosphere by planting new trees and there was a need for a clear measurement on the net effects of the industry in terms of carbon emissions, he said.

“Activities in the palm oil sector must be measurable, reportable and verifiable,” Witjaksono said on Monday, ahead of the International Conference on Oil Palm and the Environment in Bali from Feb. 23 to Feb. 25.

Palm oil stake holders would begin discussing the issue at the conference, which will be attended by government officials, palm oil producers and scientists, Witjaksono said.

Jean-Guy Bertault, regional director for Southeast Asian island nations at Cirad, a French agricultural research centre, said there were many assumptions about carbon emissions from the palm oil industry.

Each country, palm oil producer and non-government organization has their own methodology to calculate the ecological, social and economic impacts of palm oil production, Bertault explained.

“How to protect biodiversity as well as how to use it economically? No one could answer that question, since everyone is using various methodologies,” Bertault said.

Environmental campaign groups such as Greenpeace blame the palm oil industry for driving deforestation, contributing to global climate change and endangering rare species such as orangutans.

Indonesia is the world’s biggest producer of palm oil, which is used to make everything from soap to cooking oil.



News Search/Filter
Transaction Rates
24 May 18
Buy
Sell
AED1
3,860.83
3,860.83
AFN1
197.92
197.92
ALL1
130.76
130.76
AMD1
29.40
29.40
ANG1
7,897.24
7,897.24
AOA1
60.76
60.76
ARS1
579.47
579.47
AUD1
10,729.17
10,729.17
AWG1
7,924.67
7,924.67
AZN1
8,329.64
8,329.64
BAM1
8,490.05
8,490.05
BBD1
7,090.61
7,090.61
BDT1
167.56
167.56
BGN1
8,494.32
8,494.32
BHD1
37,561.58
37,561.58
BIF1
7.92
7.92
BMD1
14,181.22
14,181.22
BND1
10,539.00
10,539.00
BOB1
2,051.47
2,051.47
BRL1
3,909.81
3,909.81
BSD1
14,181.22
14,181.22
BTC1
104,964,426
104,964,426
BTN1
208.43
208.43
BWP1
1,421.05
1,421.05
BYN1
7,085.83
7,085.83
BZD1
7,052.60
7,052.60
CAD1
11,046.37
11,046.37
CDF1
8.77
8.77
CHF1
14,262.52
14,262.52
CLF1
622,803.08
622,803.08
CLP1
22.76
22.76
CNH1
2,224.80
2,224.80
CNY1
2,219.77
2,219.77
COP1
5.03
5.03
CRC1
25.08
25.08
CUC1
14,181.22
14,181.22
CUP1
556.12
556.12
CVE1
151.13
151.13
CZK1
644.61
644.61
DJF1
79.69
79.69
DKK1
2,229.06
2,229.06
DOP1
286.75
286.75
DZD1
121.77
121.77
EGP1
791.69
791.69
ERN1
939.32
939.32
ETB1
515.68
515.68
EUR1
16,605.35
16,605.35
FJD1
6,822.51
6,822.51
FKP1
18,958.88
18,958.88
GBP1
18,958.88
18,958.88
GEL1
5,796.68
5,796.68
GGP1
18,958.88
18,958.88
GHS1
3,046.45
3,046.45
GIP1
18,958.88
18,958.88
GMD1
300.67
300.67
GNF1
1.57
1.57
GTQ1
1,901.48
1,901.48
GYD1
68.53
68.53
HKD1
1,806.99
1,806.99
HNL1
594.37
594.37
HRK1
2,245.92
2,245.92
HTG1
220.10
220.10
HUF1
52.13
52.13
IDR1
1.00
1.00
ILS1
3,969.44
3,969.44
IMP1
18,958.88
18,958.88
INR1
207.57
207.57
IQD1
11.93
11.93
IRR1
0.33
0.33
ISK1
134.08
134.08
JEP1
18,958.88
18,958.88
JMD1
112.39
112.39
JOD1
19,987.54
19,987.54
JPY1
129.06
129.06
KES1
140.51
140.51
KGS1
207.47
207.47
KHR1
3.48
3.48
KMF1
33.71
33.71
KPW1
15.75
15.75
KRW1
13.18
13.18
KWD1
46,975.59
46,975.59
KYD1
17,010.35
17,010.35
KZT1
43.45
43.45
LAK1
1.69
1.69
LBP1
9.28
9.28
LKR1
89.83
89.83
LRD1
103.44
103.44
LSL1
1,128.18
1,128.18
LYD1
10,427.37
10,427.37
MAD1
1,496.22
1,496.22
MDL1
844.98
844.98
MGA1
4.35
4.35
MKD1
269.73
269.73
MMK1
10.45
10.45
MNT1
5.90
5.90
MOP1
1,753.35
1,753.35
MRO1
39.83
39.83
MRU1
396.89
396.89
MUR1
411.13
411.13
MVR1
914.91
914.91
MWK1
19.69
19.69
MXN1
722.01
722.01
MYR1
3,564.46
3,564.46
MZN1
234.02
234.02
NAD1
1,119.71
1,119.71
NGN1
39.33
39.33
NIO1
451.91
451.91
NOK1
1,754.85
1,754.85
NPR1
130.28
130.28
NZD1
9,820.49
9,820.49
OMR1
36,848.71
36,848.71
PAB1
14,181.22
14,181.22
PEN1
4,332.24
4,332.24
PGK1
4,342.27
4,342.27
PHP1
270.04
270.04
PKR1
122.67
122.67
PLN1
3,859.93
3,859.93
PYG1
2.51
2.51
QAR1
3,894.35
3,894.35
RON1
3,589.26
3,589.26
RSD1
140.60
140.60
RUB1
231.26
231.26
RWF1
16.48
16.48
SAR1
3,781.60
3,781.60
SBD1
1,807.82
1,807.82
SCR1
1,027.71
1,027.71
SDG1
787.84
787.84
SEK1
1,620.92
1,620.92
SGD1
10,561.51
10,561.51
SHP1
18,958.88
18,958.88
SLL1
1.81
1.81
SOS1
24.79
24.79
SRD1
1,898.93
1,898.93
SSP1
108.86
108.86
STD1
0.68
0.68
STN1
679.17
679.17
SVC1
1,620.07
1,620.07
SYP1
27.53
27.53
SZL1
1,126.38
1,126.38
THB1
442.08
442.08
TJS1
1,577.72
1,577.72
TMT1
4,051.79
4,051.79
TND1
5,584.72
5,584.72
TOP1
6,179.78
6,179.78
TRY1
3,098.80
3,098.80
TTD1
2,103.21
2,103.21
TWD1
473.82
473.82
TZS1
6.21
6.21
UAH1
543.47
543.47
UGX1
3.79
3.79
USD1
14,181.22
14,181.22
UYU1
453.40
453.40
UZS1
1.76
1.76
VEF1
0.17
0.17
VND1
0.62
0.62
VUV1
132.56
132.56
WST1
5,512.86
5,512.86
XAF1
25.31
25.31
XAG1
233,635.15
233,635.15
XAU1
18,366,133.36
18,366,133.36
XCD1
5,247.35
5,247.35
XDR1
20,109.16
20,109.16
XOF1
25.31
25.31
XPD1
13,975,369.03
13,975,369.03
XPF1
139.15
139.15
XPT1
12,833,688.88
12,833,688.88
YER1
56.63
56.63
ZAR1
1,138.26
1,138.26
ZMW1
1,381.61
1,381.61
ZWL1
43.99
43.99
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services