KUALA LUMPUR: The Malaysian Sustainable Palm Oil (MSPO) certification body welcomed the postponement of the European Union’s Deforestation Regulation (EUDR) until the end of 2025.
MSPO chairman Mohd Haris Mohd Arshad, who is also the group chief operating officer of SD Guthrie Bhd
, expressed his support for the concept of “Just Transition”.
“Let me explain. ‘Just Transition’ is broadly defined as ensuring that no one is left behind or pushed aside in the transition to low-carbon and environmentally sustainable economies,” he said during the second day of the 36th Palm and Lauric Oils Price Outlook Conference.
Mohd Haris emphasised that the EUDR is complex and imposes a significant administrative burden. — Bernama
