# Climate change: new rules for companies to stop EU-driven deforestation globally | Noticias | Parlamento Europeo

> The Parliament's Environment Committee adopted its position by 60 votes to 2 with 13 abstentions on the Commission's deforestation-free products proposal. MEPs want the scope extended to pigmeat, sheep and goat meat, poultry, maize, rubber, charcoal and printed paper, and want human and indigenous rights added to due diligence.

- Date: 2022-07-12 · published 2022-07-12T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/40519-climate-change-new-rules-for-companies-to-stop-eu-driven-deforestation-globally
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A wider scope that includes maize and pigmeat would add compliance requirements for EU feed-chain imports, which could marginally cut EU demand for certain origins. The committee position is not final, so the market impact is minor for now.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 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) | -0.2% | +2.2% |
| CORN | 2023-01-23 | [The origins of deforestation-risk commodities linked to the EU market - AidEnvironment](https://feedsoft.ai/events/37814-the-origins-of-deforestation-risk-commodities-linked-to-the-eu-market.md) | -0.4% | -0.6% |
| CORN | 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) | +2.1% | +15.0% |
| CORN | 2021-10-07 | [European Union considers measures to stop the sale of products from deforested land - October 2022 \| New Zealand Ministry of Foreign Affairs and Trade](https://feedsoft.ai/events/44588-european-union-considers-measures-to-stop-the-sale-of-products-from-deforested.md) | -2.7% | +6.7% |
| CORN | 2023-04-20 | [EU Regulation on deforestation-free products: What comes next for importers / exporters of agricultural commodities? \| BLOMSTEIN](https://feedsoft.ai/events/36440-eu-regulation-on-deforestation-free-products-what-comes-next-for-importers.md) | -1.0% | -9.9% |
| SOY | 2022-07-03 | [New rules to drive down deforestation and forest degradation globally – The European Times](https://feedsoft.ai/events/40523-new-rules-to-drive-down-deforestation-and-forest-degradation-globally-the.md) | +0.9% | -2.0% |
| SOY | 2020-10-01 | [Binding legislation needed to stop EU-driven global deforestation, say MEPs \| News \| European Parliament](https://feedsoft.ai/events/50657-binding-legislation-needed-to-stop-eu-driven-global-deforestation-say-meps-news.md) | +2.7% | +3.3% |
| SOY | 2022-06-28 | [Council agrees on new rules to drive down deforestation and forest degradation globally](https://feedsoft.ai/events/40965-council-agrees-on-new-rules-to-drive-down-deforestation-and-forest-degradation.md) | -3.4% | -6.0% |

## Sources

- europarl.europa.eu: https://www.europarl.europa.eu/news/es/press-room/20220711IPR35009/climate-change-new-rules-for-companies-to-stop-eu-driven-deforestation-globally

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