# WWF - European Parliament votes for a strong EU Deforestation law

> WWF welcomed the European Parliament's 13 September vote for a stronger deforestation regulation. MEPs added other wooded land, more product checks, clearer definitions, and a broader product scope. The financial sector would also be subject to the rules.

- Date: 2022-09-13 · published 2022-09-13T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/39610-wwf-european-parliament-votes-for-a-strong-eu-deforestation-law
- 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 broader product scope and more checks would increase traceability costs for EU importers of soy, palm oil, and corn, supporting firmer feed-protein and oilseed prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-10-27 | [New rules for companies under the European Parliament's ambitious version of the proposal against deforestation - Etifor](https://feedsoft.ai/events/39168-new-rules-for-companies-under-the-european-parliament-s-ambitious-version-of.md) | +4.2% | +3.9% |
| SOY | 2019-01-30 | [Why you should support a new European law to combat global deforestation - Fern](https://feedsoft.ai/events/61117-why-you-should-support-a-new-european-law-to-combat-global-deforestation-fern.md) | +0.1% | -1.7% |
| SOY | 2023-11-14 | [European Union Deforestation Regulation Compliance](https://feedsoft.ai/events/33217-european-union-deforestation-regulation-compliance.md) | -0.1% | -3.2% |
| SOY | 2022-02-21 | [EU: Member states call for delay of EU anti-deforestation law - Business and Human Rights Centre](https://feedsoft.ai/events/42740-eu-member-states-call-for-delay-of-eu-anti-deforestation-law-business-and-human.md) | +2.7% | +5.6% |
| SOY | 2023-11-28 | [2023-35: European Union Deforestation Regulation - DAFF](https://feedsoft.ai/events/33206-2023-35-european-union-deforestation-regulation-daff.md) | -1.8% | -1.2% |
| PALMOIL | 2025-01-31 | [Critical Moment for the EU Anti-Deforestation Law \| Human Rights Watch](https://feedsoft.ai/events/26536-critical-moment-for-the-eu-anti-deforestation-law-human-rights-watch.md) | +2.1% | +6.1% |
| PALMOIL | 2023-11-14 | [European Union Deforestation Regulation Compliance](https://feedsoft.ai/events/33217-european-union-deforestation-regulation-compliance.md) | +2.4% | -0.3% |
| PALMOIL | 2022-02-21 | [EU: Member states call for delay of EU anti-deforestation law - Business and Human Rights Centre](https://feedsoft.ai/events/42740-eu-member-states-call-for-delay-of-eu-anti-deforestation-law-business-and-human.md) | +2.9% | +11.3% |

## Sources

- wwfcee.org: https://www.wwfcee.org/news/european-parliament-votes-for-a-strong-eu-deforestation-law

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