EU Deforestation Law Adopted

The European Parliament has adopted a new law that aims to prevent the importation of products linked to deforestation. The new law requires companies importing products into the European Union (EU) to carry out due diligence to ensure that these products have not contributed to deforestation and that products comply with legislation in the countries in which they are produced including human rights and the rights of indigenous people.

The law applies to a range of commodities linked to deforestation, including soy, palm oil, rubber, charcoal, printed paper products, beef, cocoa, coffee, etc. This is significant step towards preventing deforestation and protecting the environment since deforestation is a major contributor to climate change and is responsible for the loss of biodiversity and the destruction of natural habitats.

This law further strengthens the demand for organizations to implement traceability programs across their value chain to ensure responsible sourcing practices.