Indonesia and Malaysia join forces to fight EU phase-out of palm oil biofuels

The EU plans to cut the use of palm oil as biodiesel from 2030

Festival Net Zero 2021

Indonesia and Malaysia have announced they are to join forces to fight the EU’s pledge to phase-out the use of palm oil in biofuels.

Last month the EU agreed to increase renewable energy use – one of the ways it plans to do this is by cutting the use of palm oil as biodiesel from 2030.

This is part of a wider initiative to ensure around a third of the EU’s energy comes from renewable sources in the next 12 years.

The two nations, which together produce 80% of the world’s palm oil supply, say they will strengthen bilateral cooperation against existing and new trade barriers.

Malaysian Foreign Minister Datuk Saifuddin Abdullahsaid said: “We have agreed we must be united on this issue and I have talked to the respective minister in Malaysia as well as Indonesian Foreign Minister Ret-no Marsudi and we concurred that we must intensify our discussions.”

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