# The most ambitious legislative attempt to tackle deforestation worldwide ever | United Nations Development Programme

> The UN Development Programme describes the EU Deforestation Regulation as the most ambitious attempt worldwide to tackle deforestation. It notes imports of beef, cocoa, coffee, palm oil, soya, rubber and wood will require geolocation-based proof of origin, and says the rule may later extend to maize and biodiesel.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/32717-the-most-ambitious-legislative-attempt-to-tackle-deforestation-worldwide-ever
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A possible extension to maize and biodiesel would widen compliance costs into feed grains and biofuel feedstocks. For now the story is commentary, so price impact is minor.

## Read by commodity

- SOY: neutral
- CORN: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-05-06 | [EU must show ambitious action in proposed new law to tackle the bloc’s deforestation footprint - EIA](https://feedsoft.ai/events/47102-eu-must-show-ambitious-action-in-proposed-new-law-to-tackle-the-bloc-s.md) | +5.0% | -2.1% |
| SOY | 2023-10-17 | [Inside the EU’s Ambitious Anti-Deforestation Regulation \| The Regulatory Review](https://feedsoft.ai/events/33661-inside-the-eu-s-ambitious-anti-deforestation-regulation-the-regulatory-review.md) | +0.0% | +6.4% |
| SOY | 2022-06-07 | [Due Diligence Requirements to Tackle Deforestation: An overview of the EU and British proposals \| International Institute for Sustainable Development](https://feedsoft.ai/events/40966-due-diligence-requirements-to-tackle-deforestation-an-overview-of-the-eu-and.md) | +0.5% | -7.0% |
| SOY | 2025-07-24 | [EU Deforestation Regulation: Latest developments and concerns - Lexology](https://feedsoft.ai/events/23775-eu-deforestation-regulation-latest-developments-and-concerns-lexology.md) | -3.8% | +0.9% |
| SOY | 2018-04-09 | [New laws are best way for EU to tackle deforestation \| ClientEarth](https://feedsoft.ai/events/65522-new-laws-are-best-way-for-eu-to-tackle-deforestation-clientearth.md) | +2.0% | -0.6% |
| PALMOIL | 2021-05-06 | [EU must show ambitious action in proposed new law to tackle the bloc’s deforestation footprint - EIA](https://feedsoft.ai/events/47102-eu-must-show-ambitious-action-in-proposed-new-law-to-tackle-the-bloc-s.md) | +8.3% | +4.0% |
| PALMOIL | 2023-10-17 | [Inside the EU’s Ambitious Anti-Deforestation Regulation \| The Regulatory Review](https://feedsoft.ai/events/33661-inside-the-eu-s-ambitious-anti-deforestation-regulation-the-regulatory-review.md) | -0.6% | +2.6% |
| PALMOIL | 2022-06-07 | [Due Diligence Requirements to Tackle Deforestation: An overview of the EU and British proposals \| International Institute for Sustainable Development](https://feedsoft.ai/events/40966-due-diligence-requirements-to-tackle-deforestation-an-overview-of-the-eu-and.md) | -7.4% | -35.7% |

## Sources

- undp.org: https://www.undp.org/foodsystems/news/most-ambitious-legislative-attempt-tackle-deforestation-worldwide-ever

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.