GPSNR Working Groups Update: September 2021

Strategy 1 – A team led by Liza Murphy with the support of Proforest has been selected to lead the work on the Assurance Models study, which is expected to be finalised in January 2020 for review by the working group before Executive Committee approval, prior to the General Assembly in March. The working group is now fully staffed with members volunteers looking into identifying co-chairs for the group.

Strategy 2 – After the first working group call, the Capacity Building working group will start working on identifying the priority countries and capacity gaps needed, a work expected to be completed in the months of October – November.  Following that, the action plan will be developed and consulted before being submitted to the Executive Committee in March 2020.  

Strategy 3 – Enhancing Transparency and Traceability working group composition is currently being finalized to ensure balance amongst the different categories of ordinary members with the expectation to kick-off the first call in November. 

All three working groups will be reporting directly to the Executive Committee while keeping regular contact with the Strategy & Objectives working Group to ensure the consistency of work. The Strategy & Objectives working group remains active to review the desired state to include the identified impact metrics, finalise the theory of change, and look at the financial model for GPSNR in coordination with the Strategy 1 – Policy Toolbox working group.

All minutes of the working groups will be available in the members section of the GPSNR website www.gpsnr.org

We can draw parallels to the coffee industry, which similarly comprises small plantation owners and more profitable downstream actors. In his recent sustainability report on the coffee industry, economist Jeffrey Sachs’ proposal for a global fund to fill the financial gaps for sustainability investments in coffee producing regions garnered vivid discussion.  

Currently, low and unpredictable rubber prices are a constraint to smallholders who produce the bulk of global rubber output. Transparency is critical in the purchasing process, and this kind of disruption typically comes hand in hand with embracing new strategies. 

Under the purview of the Strategy & Objectives Working Group, capacity building and extension services have been identified as potential measures to mitigate the root causes of the social and environmental impact from the natural rubber supply market. Implementing these at scale for the whole industry will require considerable financial investment.   

With the above considerations in mind, GPSNR is exploring new approaches to funding that would not be borne by a single segment of the industry, but in a manner incorporating the spirit of our shared responsibility. 

Enterprise Singapore organized an industry meeting on 14 January 2020, and invited GPSNR and Singapore Exchange to better understand the available options of an e-trading platform that could contribute to our funds. The meeting also discussed what could be the options, through GPSNR, to increase the uptake of the e-trading platform.

Tapping the vast potential of digitalization could present an exciting avenue of possibilities for GPSNR to better advance our vision of a fair, equitable and environmentally sound rubber value chain.      

The meeting was initiated by representatives from Enterprise Singapore, and panel speakers comprised representatives from GPSNR, Singapore Exchange and HeveaConnect. Participants included GPSNR members as well as other Natural Rubber buyers, producers, processors and traders .