Edible oil imports threatens wildlife in Indonesia & Malaysia: Report
2 Feb 2013 6:59 AM IST
WWF India’s Report on ‘Palm Oil Market and Sustainability in India’ shows India is the 4th largest oilseed producing country and also the world’s largest importer of palm oil. Indonesia supplies almost 73 per cent of India’s local demand of palm oil. In Indonesia and Malaysia, almost a third of forest loss in the last 10 years was due to the expansion of palm oil.
The demand for edible oils in India has grown steadily at a compound annual growth rate (CAGR) of 4.4 per cent from 2001 to 2011. India is the world’s largest consumer of palm oil with 23 per cent of the global consumption in 2011-12. In 2011-2012, India imported about 7.2 Mn MT of palm oil. The growth has been driven by improvement in per capita consumption; however, the current per capita consumption levels of India are lower than global averages.
At the report launch, Ravi Singh, secretary general & CEO, WWF India said, ‘When forests shrink, so does the home of endangered species, such as the tiger, rhino, elephant and orangutan—species which are now on the brink of extinction. 15 per cent of all human-induced GHG emissions are caused by deforestation, forest degradation and peatland emissions.’
The demand for edible oils in India has grown steadily at a compound annual growth rate (CAGR) of 4.4 per cent from 2001 to 2011. India is the world’s largest consumer of palm oil with 23 per cent of the global consumption in 2011-12. In 2011-2012, India imported about 7.2 Mn MT of palm oil. The growth has been driven by improvement in per capita consumption; however, the current per capita consumption levels of India are lower than global averages.
At the report launch, Ravi Singh, secretary general & CEO, WWF India said, ‘When forests shrink, so does the home of endangered species, such as the tiger, rhino, elephant and orangutan—species which are now on the brink of extinction. 15 per cent of all human-induced GHG emissions are caused by deforestation, forest degradation and peatland emissions.’
Next Story
