Development Institution Lending for Palm Oil Production PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Development Institution Lending for Palm Oil Production PDF full book. Access full book title Development Institution Lending for Palm Oil Production by United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Development Institutions and Finance. Download full books in PDF and EPUB format.
Author: United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Development Institutions and Finance
Publisher:
ISBN:
Category : Palm oil
Languages : en
Pages : 376
Get Book Here
Book Description
Author: United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Development Institutions and Finance
Publisher:
ISBN:
Category : Palm oil
Languages : en
Pages : 376
Get Book Here
Book Description
Author: United States. Congress. House. Committee on Banking, Currency, and Housing. Subcommittee on International Development Institutions and Finance
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 0
Get Book Here
Book Description
Author: United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Development Institutions and Finance
Publisher:
ISBN:
Category : Palm oil
Languages : en
Pages : 384
Get Book Here
Book Description
Author: Bronkhorst, E.
Publisher: CIFOR
ISBN:
Category :
Languages : en
Pages : 4
Get Book Here
Book Description
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.
Author: Sahara
Publisher: CIFOR
ISBN:
Category :
Languages : en
Pages : 4
Get Book Here
Book Description
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.
Author: United States. Congress. House. Committee on Banking, Currency, and Housing
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 1296
Get Book Here
Book Description
Author: Mariko Lin Frame
Publisher: Taylor & Francis
ISBN: 0429536895
Category : Business & Economics
Languages : en
Pages : 147
Get Book Here
Book Description
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.
Author: Kusumaningtyas, R.
Publisher: CIFOR
ISBN:
Category :
Languages : en
Pages : 8
Get Book Here
Book Description
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.
Author: Kusumaningtyas, R.
Publisher: CIFOR
ISBN: 6023870589
Category : Palm oil industry
Languages : en
Pages : 54
Get Book Here
Book Description
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.
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance
Publisher:
ISBN:
Category : Development banks
Languages : en
Pages : 652
Get Book Here
Book Description
