The palm oil sector has often been associated with deforestation, peatland degradation, and significant greenhouse gas (GHG) emissions. However, with growing sustainability commitments, such as those driven by the RSPO, the sector now stands at a pivotal moment to redefine its role as part of the climate solution. With the adoption of sustainable production practices, conservation of High Conservation Value (HCV) and High Carbon Stock (HCS) areas, ecosystem restoration, improving waste management, and strong circular energy potential, palm oil has the potential to transform from a major emission source into a net carbon sink.