Forging a more sustainable coconut industry
November 16, 2020
16:00-17:45 GMT +7
In support of the Sustainable Coconut and Coconut Oil Roundtable, USAID Green Invest Asia, Barry Callebaut, and Grow Asia convened this virtual signing event to launch the Sustainable Coconut Charter. The event featured the charter’s founding signatories plus panel discussions on potential impacts of coconut production on deforestation and biodiversity conservation, as well as a pre-competitive collaboration among seven multinational corporations and GIZ to drive coconut sustainability in the region through the charter.
March 7, 2019, Kuala Lumpur, and
June 30, 2020, webinar
These two Sustainable Coconut and Coconut Oil Roundtables, co-organized by Barry Callebaut and the U.S. Agency for International Development (USAID) Green Invest Asia, convene annually more than 80 buyers, processors and other actors actively involved in coconut supply chains to jointly pursue solutions and share investment approaches for cost-effective sustainable coconut.
November 7, 2019, Bangkok
Best practices call for continuous collaboration and public-private partnership. In between annual meetings, these gatherings review case studies for sustainable coconut oil, investors provide updates about sustainable coconut finance initiatives., and industry stakeholders network and update the Sustainable Coconut Charter, a dynamic and evolving commitment.
Faced with record global demand, and a coconut supply chain that is threatened by underperforming senile trees, escalating natural disasters, and farmers’ lack of technical, market and financial access, the coconut industry faces pending supply chain disruption.
“Coconut is a new category for us in responsible sourcing, but not much is known yet, so we will really benefit from the work coming out of the collaboration, which we will use to redefine our targets by the end of the year.”
Sustainable sourcing leader for sugar and coconut,
“The charter is an important milestone on the way to improving coconut cultivation and farmer livelihoods. I am pleased we have succeeded in bringing together key players and stakeholders at one table. This is a challenge that must be tackled together to be successful,”
Global Head of Sourcing,
“The pandemic has disrupted global supply chains, affecting multiple nodes of production and workers from farm to table. As a result, more people are realizing what many of us on this call already know - that a stable, sustainable supply chain, which can withstand multiple shocks, is more critical than ever.”
Environment Office Director,
USAID Regional Development Mission for Asia