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EU adopted a new rule to decrease deforestation worldwide.

Wood BUSINESS & TRADE
The Council of the EU adopted a regulation that aims to lower the risk of deforestation and forest degradation related to products placed on or exported from the EU market.

The new rules will confirm that the EU’s use and trade of these commodities and products do not deforest and degrade the forest ecosystems.

The regulation mandates assessment from all operators and traders who hold, provide, or export cattle, palm oil, coffee, wood, rubber, cocoa, and soy from the EU market.

Operators must detect the commodity they are selling back to the plot of land where they were made.

The new rules will prevent duplication of obligations and ease the administrative burden for operators and authorities.
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