# Landmark EU anti-deforestation law proposal could clean up supply chains; could it also reduce global deforestation? - Fern

> The NGO Fern welcomed the Commission's proposed EU anti-deforestation law as a major step, but said it is not yet strong enough. It argued that relying on producer-country laws to define illegality, as in Brazil, is insufficient to protect forests and Indigenous rights.

- Date: 2021-11-17 · published 2021-11-17T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/44104-landmark-eu-anti-deforestation-law-proposal-could-clean-up-supply-chains-could
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Pressure to strengthen the rules could make the final regulation stricter for soy and palm oil from forest-risk regions, adding uncertainty for EU import demand. Debate over the final text is still ongoing.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-05-04 | [New EU rules to remove deforestation from supply chains – Global Canopy](https://feedsoft.ai/events/53149-new-eu-rules-to-remove-deforestation-from-supply-chains-global-canopy.md) | +0.2% | -0.8% |
| SOY | 2024-10-02 | [EU proposes to delay landmark anti-deforestation law by 12 months](https://feedsoft.ai/events/27893-eu-proposes-to-delay-landmark-anti-deforestation-law-by-12-months.md) | -3.9% | -8.7% |
| SOY | 2024-02-27 | [Unveiling the Impact: Deforestation in the Supply Chain and the EU's Regulatory Response - Landmark Information Group](https://feedsoft.ai/events/31736-unveiling-the-impact-deforestation-in-the-supply-chain-and-the-eu-s-regulatory.md) | +1.0% | +6.4% |
| SOY | 2023-12-15 | [EU Regulation on deforestation-free supply chains \| Legal Guidance \| LexisNexis](https://feedsoft.ai/events/32715-eu-regulation-on-deforestation-free-supply-chains-legal-guidance-lexisnexis.md) | -1.3% | -6.6% |
| SOY | 2017-10-24 | [The Chain: EU Proposals for Deforestation-Free Supply Chains Another Step in the Transformation of Agricultural Commodity Trade - Chain Reaction Research](https://feedsoft.ai/events/68516-the-chain-eu-proposals-for-deforestation-free-supply-chains-another-step-in-the.md) | -0.8% | +0.9% |
| PALMOIL | 2020-05-04 | [New EU rules to remove deforestation from supply chains – Global Canopy](https://feedsoft.ai/events/53149-new-eu-rules-to-remove-deforestation-from-supply-chains-global-canopy.md) | -2.9% | +9.7% |
| PALMOIL | 2024-02-27 | [Unveiling the Impact: Deforestation in the Supply Chain and the EU's Regulatory Response - Landmark Information Group](https://feedsoft.ai/events/31736-unveiling-the-impact-deforestation-in-the-supply-chain-and-the-eu-s-regulatory.md) | +2.3% | +9.3% |
| PALMOIL | 2023-09-01 | [Global impact of the EU’s anti-deforestation law](https://feedsoft.ai/events/34617-global-impact-of-the-eu-s-anti-deforestation-law.md) | -4.5% | -7.0% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/landmark-eu-anti-deforestation-law-proposal-could-clean-up-supply-chains-could-it-also-reduce-global-deforestation-2431/

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