FINANCIAL APPLICATION OF PALM PLASMA IN OIL PALM PLANTATIONS IN INDONESIA BY-LAW NUMBER 11 OF 2020

Urban Farm DB summary

This quantitative study examined the implementation of Indonesia's Law Number 11 of 2020, particularly the 20% community plantation development facility (palm oil plasma), by seven oil palm plantation companies from 2019 to 2023. Statistical tests concluded that these seven companies had not properly applied the palm plasma system, indicating a failure to implement the law. Potential reasons include financial constraints, lack of infrastructure, limited stakeholder support, unclear guidelines, land acquisition difficulties, and weak coordination.