GreenPalm

Smallholders1st November 2009

• So what is the GreenPalm Programme?

• Web based trading platform

• Trades the certificates not the oil

• It’s like carbon trading!!!

• But easier!!!!!!!

• It is an incentive and reward system for those complying with the RSPO’s certification programme

GreenPalm

•Multiple origins

•Common freight

•Shared storage

•Continuous processing

GreenPalm

• Certified producer registers volume for sale in GreenPalm system.

• 1mt of crude CSPO = 1 GreenPalm certificate

Producer places an offer

GreenPalm

• End user calculates their oil palm consumption • Derivates 1 for 1

Place bidcovering volume

GreenPalm

• Bids and Offers on the market screen

• System automatically matches

GreenPalm

GreenPalm

• Producer receives full value of certificate– Sells physical oil into their usual market– At mainstream price

GreenPalm

• End user redeems certificate– Has right to make a sustainable claim– Buys physical oil from preferred supplier– At mainstream price

“Supported the production of RSPO

CSPO”

GreenPalm

• Proposal to trade directly from smallholder to end product manufacturer

• Agree conversion rates from FFB to– CPO– CPKO– Others - PK Expellers etc

• Allow smallholders to maximise premium

GreenPalm

• Smallholder receives full value of certificate– Sells physical FFB’s into their usual market– At mainstream price

Smallholder

GreenPalm• 180,000 certificates traded in the first 12 months

• A staggering $2.1mln in “rewards” to the plantations

• Of the 11 producers certified 10 are members of GreenPalm

• 8 of whom have been “financially rewarded”

• If you don’t export your production GreenPalm is the only option that allows you to earn a premium

• There are end users who want to directly support smallholders

GreenPalm

RSPORoundtable on Sustainable Palm Oil

Making a difference………..

www.greenpalm.org

www.aak-uk.com

….together with…..