- President Joko Widodo has finally signed off on Regulation of the President No. 44 of 2020 on the Indonesian Sustainable Palm-Oil (“ISPO”) Certification System (“Regulation 44/2020”).Under Regulation 44/2020, the implementation of ISPO aims to ensure and improve the management and development of palm-oil plantations in accordance with ISPO principles and criteria.
- Regulation 44/2020 affirms that all palm-oil plantation business operated by businesses and/or growers (pekebun) must be covered by ISPO certification. If said certification is not secured, then businesses and/or growers will be subject to administrative sanctions in the form of written reprimands, fines, temporary suspensions of business activities and so forth.
- The government is set to provide ISPO-certification funding facilities for growers. Said funding facilities are to be sourced from State/Regional Budgets (APBN/APBD).
- It should be noted that the ISPO certification obligation must be implemented by businesses by 16 March 2020 and by growers by 16 March 2025. (Setkab)
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