Download or read book Development institution lending for palm oil production written by United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Development Institutions and Finance and published by . This book was released on 1976 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Development Institution Lending for Palm Oil Production written by United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Development Institutions and Finance and published by . This book was released on 1976 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Current practices and innovations in smallholder palm oil finance in Indonesia and Malaysia written by Bronkhorst, E. and published by CIFOR. This book was released on 2017-09-19 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key messages Providing long-term financing to oil palm smallholders for urgently needed replanting purposes has the potential to promote more sustainable supply chains in palm oil production. This is required as demand for palm oil is expected to rise significantly in the coming decades.High costs and risk in agricultural lending deter banks from providing finance to oil palm smallholders which, however, is urgently needed mainly for replanting. Depriving smallholders from access to finance leads to continued deforestation (often 'slash and burn') instead of replanting as well as usage of low-quality crop and other unsustainable agricultural practices.By providing access to long-term finance, oil palm smallholders are encouraged to replant rather than exploit additional agricultural land through deforestation. There is also an urgent need to support farmers with income generation alternatives to bridge the 3-5 years of production gap after replanting. Recognizing the key role of smallholders in meeting the large and growing global demand for palm oil, various innovative financing schemes initiated by the private sector, commercial banks, impact investors, development finance institutions and governments have emerged.This brief evaluates past and current policies and financing schemes as well as their outcomes for smallholders in terms of income security, sustainable practices and the environment in the palm oil industry in Indonesia and Malaysia. It also analyzes financing schemes that could contribute to sustainable smallholder oil palm development in such a way that the supply base of smallholders can be secured or can expand with improved sustainability practices compared to past and existing schemes.
Download or read book Smallholder finance in the palm oil sector written by Sahara and published by CIFOR. This book was released on 2017-09-07 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key messages Smallholder farmers require significant financing to establish, maintain and replant their oil palm plantations, in order to both increase productivity and improve the quality of the fresh fruit bunches (FFB) produced.Smallholders are also limited in their capacity to self-finance their plantation operations.There is a significant gap, both in terms of amount and accessibility, between the demand smallholders in the palm oil sector make for credit and the supply of that credit by banks and financial institutions.The majority of credit approved for smallholders can only be used for working capital and cannot cover the costs of replanting or accommodate the timeframe required for it.A credit maturity gap also exists in the majority of financing schemes, with loan repayment schedules beginning immediately after fund disbursement. Few financing schemes consider oil palm farmers' initial wait for a harvest, and thus provide loans with a grace period adapted to these timescales.Risk sharing gaps are visible when farmers repay their loans, as any variation or volatility in production costs and palm oil prices is borne by producers.Legal gaps are also evident, with many smallholders not holding proper documentation, which prevents them for using their land as collateral to access credit from banks.These gaps reduce the possibility of smallholders accessing formal credit, which in turn drives an informal local lending market with higher interest rates.In order to improve formal credit access for smallholder oil palm farmers, the different gaps (i.e. maturity, risk and legal) must be addressed.
Download or read book Toward responsible and inclusive financing of the palm oil sector written by Kusumaningtyas, R. and published by CIFOR. This book was released on 2017-09-07 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key messages Many stakeholders, including governments, production and processing companies and non-governmental organizations (NGOs), are working towards a more sustainable palm oil sector. Although smallholders account for an important share of oil palm cultivation, the social and environmental challenges of smallholder practices receive relatively little attention.Financial Service Providers (FSPs), such as banks and pension funds, could play a more significant role developing a more sustainable and inclusive palm oil sector by tying Environmental, Social and Governance (ESG) conditions to the financial services they provide to palm oil companies that source products from smallholders.The majority of funds financing the major palm oil companies originate from FSPs based in Asian countries such as Japan, Malaysia, Indonesia and Singapore. Currently, these FSPs do not have adequate ESG policies.European and American FSP policies are more advanced in addressing such issues as deforestation and Roundtable on Sustainable Palm Oil (RSPO) certification. Nevertheless, they still pay very little attention to the inclusion of smallholders in sustainable supply chains.Due to the differences between ESG policies followed by European and American FSPs in comparison to Asian FSPs, palm oil companies still have ample alternatives to access financing with few conditions. As a result, the potentially significant contribution of FSPs to foster a more sustainable palm oil sector remains underutilized.Adoption of more adequate ESG policies by Asian FSPs could occur in the first place through an increased understanding by these FSPs of the financial risks involved in continuing business as usual. Second, peer pressure from European and American FSPs and sustainability initiatives would help. Third, financial regulators in the palm oil production countries increasingly look for instruments to stimulate the financial sector to contribute more to the sustainable development of their economies.
Download or read book Hearings Reports and Prints of the House Committee on Banking Currency and Housing written by United States. Congress. House. Committee on Banking, Currency, and Housing and published by . This book was released on 1976 with total page 1296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ecological Imperialism Development and the Capitalist World System written by Mariko Lin Frame and published by Taylor & Francis. This book was released on 2022-10-13 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two major trends are currently challenging the sustainability of human civilization: extreme inequality and the ecological crisis. This book argues that these are intrinsically linked by further exploring the complex relationships between global ecological crises, neoliberal globalization, orthodox development policies, and imperialism. Drawn from extensive theoretical, historical, policy, and empirical research, as well as fieldwork in Africa and Asia, this book examines the crucial characteristics of the capitalist world-system and how it enables and drives ecological imperialism. Neoliberal globalization has allowed for capital’s unfettered access to and exploitation of Nature across the planet, and neoliberal development policies have reinforced a contemporary form of ecological imperialism where the environments of the Global South are enclosed and exploited, and local communities are dispossessed of their land and livelihoods. Simultaneously, resources from the Global South are funneled to the Global North in the form of consumer goods and ecologically unequal exchange, while the profits from those resources are siphoned away to transnational corporations, financiers, and government elites. This work traces the historical development of free market policies, while also paying special attention to the role of Northern international financial institutions, emerging economies (the semi-periphery), and the often-hidden role of international finance in ecological imperialism. This volume will be of keen interest to scholars and students of political economy, critical development studies, environmental sociology, and political ecology.
Download or read book Towards Better Practice in Smallholder Palm Oil Production written by S. Vermeulen and published by IIED. This book was released on 2006 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards responsible and inclusive financing of the palm oil sector written by Kusumaningtyas, R. and published by CIFOR. This book was released on 2017-10-04 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global palm oil sector faces ongoing threats to sustainability caused by deforestation, peatland development, labor rights violations and land right conflicts. Additionally, integrating smallholders into sustainable palm oil supply chains continues to be a challenge for the industry. Financial service providers (FSPs) could play a role in stimulating sustainability commitments from the palm oil companies they finance. Their potential influence stems from their capacity to set environmental, social and governance (ESG) conditions for financial services. This research shows that European and US FSPs are further along than their counterparts in Asia in adopting policies that include ESG risk assessments as part of the process for providing financial services. However, attention to smallholder inclusion is insufficient in the policies of all FSPs included in this report. Differences between European and US versus Asian FSPs in adopting ESG standards, as well as the unique markets they finance, present a risk that two parallel but separate financial systems could emerge. Efforts by both government and nongovernmental organizations should emphasize the prevention of a two-tiered marketplace with different quality requirements for palm oil. All actors in this sector still require a significant shift in thinking on the benefits of including ESG standards in cultivation and production processes. In palm oil producing countries, the lack of specific banking regulations emphasizing sustainability concerns regarding the sector forms a further hindrance to positive developments.
Download or read book U S Participation in Multilateral Development Institutions written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance and published by . This book was released on 1978 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Multilateral Development Banks written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance and published by . This book was released on 1987 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Loan Agreement palm oil Processing Project Between International Bank for Reconstruction and Development and Soci t Palmindustrie and Soci t Palmivoire written by World Bank and published by . This book was released on 1969 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Affairs Information Service Bulletin written by and published by . This book was released on 1978 with total page 1322 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Multilateral Development Banks written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance and published by . This book was released on 1987 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book To Provide for Increased Participation by the United States in the Asian Development Fund written by United States. Congress. House. Committee on Banking, Currency, and Housing. Subcommittee on International Development Institutions and Finance and published by . This book was released on 1976 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bulletin of the Public Affairs Information Service written by Public Affairs Information Service and published by . This book was released on 1978 with total page 1318 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The palm oil global value chain written by Pacheco, P. and published by CIFOR. This book was released on 2017-03-03 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is abundant literature focusing on the palm oil sector, which has grown into a vigorous sector with production originating mainly from Malaysia and Indonesia, and on increased palm oil consumption in many countries around the globe, particularly European Union states, China and India. This sector expansion has become quite controversial, because while it has negative social and environmental impacts, it also leads to positive benefits in generating fiscal earnings for producing countries and regular income streams for a large number of large- and small-scale growers involved in palm oil production. This document reviews how the social, ecological, and environmental dynamics and associated implications of the global palm oil sector have grown in complexity over time, and examines the policy and institutional factors affecting the sector's development at the global and national levels. This work examines the geographies of production, consumption and trade of palm oil and its derivatives, and describes the structure of the global palm oil value chain, with special emphasis on Malaysia and Indonesia. In addition, this work reviews the main socioenvironmental impacts and trade-offs associated with the palm oil sector's expansion, with a primary focus on Indonesia. The main interest is on the social impacts this has on local populations, smallholders and workers, as well as the environmental impacts on deforestation and their associated effects on carbon emissions and biodiversity loss. Finally, the growing complexity of the global oil palm value chain has also driven diverse types of developments in the complex oil palm policy regime governing the sector's expansion. This work assesses the main features of this emerging policy regime involving public and private actors, with emphasis on Indonesia. There are multiple efforts supporting the transition to a more sustainable palm oil production; yet the lack of a coordinated public policy, effective incentives and consistent enforcement is clear and obvious. The emergence of numerous privately driven initiatives with greater involvement of civil society organizations brings new opportunities for enhancing the sector's governance; yet the uptake of voluntary standards remains slow, and any push for the adoption of more stringent standards may only widen the gap between large corporations and medium- and smallscale growers. Greater harmonization between voluntary and mandatory standards, as well as among private initiatives is required. Commitments to deforestation-free supply chains have the potential to reduce undesired environmental impacts from oil palm expansion, and while this risks excluding smallholders from the supply chains, such commitments may function to leverage the upgrading of smallholder production systems. Their success, however, will require greater public and private sector collaboration.
