By trading over 18 million certificates
representing certified palm, PKO and PKE production, over 1,100
GreenPalm members have enabled certified sustainable palm growers to collectively earn direct premiums of over $113 million
Together we have raised over $18 million
to support the work of the RSPO, and GreenPalm certificate trading quickly became, and remains, the RSPO’s most successful approved supply chain option.
So first of all a huge thank you to everyone who has played a part, however large or small, in this success story. But now, following the RSPO’s decision to incorporate certificate trading into its new e-Trace platform, we have decided to cease operating the GreenPalm trading -platform at the end of the 2016 trading period.
We have previously indicated our intention to carry on offering the GreenPalm option to supplement the support of RSPO certified production. We now feel that this will potentially add an unnecessary level of confusion in the market place and would be unhelpful for the RSPO and its vision to transform markets to make sustainable palm oil the norm.
GreenPalm certificates representing 2016 production will cease trading on the 31st March 2017. Any certificates required for 2017 claims should be traded through the new e-Trace system which will be operational on 1st January 2017.
It has been a real privilege to work with the RSPO over the years, to devise and then operate the GreenPalm programme. Our team will of course continue to work with the RSPO and our members to ensure a smooth transition to the e-Trace system over the coming months.
The contact at the RSPO to discuss the process with is Mr Jan van Driel
– Head of Certification. We would also recommend this page
on the RSPO website for more detail on the transition.