# Palm oil production, development and the environment DevelopmentAid

> DevelopmentAid publishes an opinion piece arguing that European efforts to improve palm oil sustainability could backfire given ongoing global demand for affordable vegetable oil. It references the European Parliament's resolution calling for a single certification scheme by 2020.

- Date: 2017-05-04 · published 2017-05-04T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/71040-palm-oil-production-development-and-the-environment-developmentaid
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The commentary restates the EU palm oil debate without new policy action, so it has little direct price impact, though it reinforces the risk of tighter EU rules on palm oil supply.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-06-27 | [EU deferment allows adjustment on palm oil production standards](https://feedsoft.ai/events/64411-eu-deferment-allows-adjustment-on-palm-oil-production-standards.md) | -1.7% | -6.2% |
| PALMOIL | 2021-05-20 | [Palm oil production needs a sustainable solution](https://feedsoft.ai/events/47106-palm-oil-production-needs-a-sustainable-solution.md) | -2.8% | -15.8% |
| PALMOIL | 2019-07-25 | [EU moves to tackle deforestation caused by chocolate and other products \| Environmental sustainability \| The Guardian](https://feedsoft.ai/events/58115-eu-moves-to-tackle-deforestation-caused-by-chocolate-and-other-products.md) | +0.2% | +8.1% |
| PALMOIL | 2018-07-18 | [Palm oil is part of the deforestation problem - Friends of Europe](https://feedsoft.ai/events/64064-palm-oil-is-part-of-the-deforestation-problem-friends-of-europe.md) | -0.2% | -0.8% |
| PALMOIL | 2021-05-03 | [Palm Oil News - The Critics to CSF and OF](https://feedsoft.ai/events/46980-palm-oil-news-the-critics-to-csf-and-of.md) | +11.2% | +9.1% |

## Sources

- developmentaid.org: https://www.developmentaid.org/news-stream/post/1062/palm-oil-production-development-and-the-environment

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.