# IEEP’s response to the public consultation on deforestation and forest degradation - IEEP AISBL

> IEEP submitted a written response to the European Commission's public consultation on minimising the EU's contribution to deforestation and forest degradation through products placed on its market. The submission argues for clear sustainability criteria for deforestation-free products and for using EU trade agreements to address deforestation.

- Date: 2020-12-11 · published 2020-12-11T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/49668-ieep-s-response-to-the-public-consultation-on-deforestation-and-forest
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Proposed EU due-diligence rules could eventually restrict imports of palm oil and soy from forest-risk regions, adding compliance costs and shifting trade flows. The effect on prices is still speculative because no regulation has been finalised.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-12-27 | [Indonesia responds to EU forests regulation public consultation  : The Daily Digest](https://feedsoft.ai/events/49671-indonesia-responds-to-eu-forests-regulation-public-consultation-the-daily-digest.md) | +8.0% | +2.5% |
| PALMOIL | 2020-12-14 | [Record submissions to public consultation urge EU to act on deforestation \| Both ENDS](https://feedsoft.ai/events/49669-record-submissions-to-public-consultation-urge-eu-to-act-on-deforestation-both.md) | +2.2% | +10.1% |
| PALMOIL | 2021-04-04 | [Unsustainable deforestation and commodity imports. Public consultation on EU strategy - FoodTimes](https://feedsoft.ai/events/47635-unsustainable-deforestation-and-commodity-imports-public-consultation-on-eu.md) | +0.4% | +4.8% |
| PALMOIL | 2019-07-24 | [Rainforest Alliance Response to EU Communication on Deforestation \| Rainforest Alliance](https://feedsoft.ai/events/58119-rainforest-alliance-response-to-eu-communication-on-deforestation-rainforest.md) | +0.5% | +7.7% |
| PALMOIL | 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) | -24.1% | -29.6% |
| SOY | 2020-12-14 | [Record submissions to public consultation urge EU to act on deforestation \| Both ENDS](https://feedsoft.ai/events/49669-record-submissions-to-public-consultation-urge-eu-to-act-on-deforestation-both.md) | +5.1% | +22.5% |
| SOY | 2020-12-17 | [EIA responds to EU consultation on deforestation that has a record 1.2 million responses - EIA](https://feedsoft.ai/events/49674-eia-responds-to-eu-consultation-on-deforestation-that-has-a-record-1-2-million.md) | +6.3% | +19.7% |
| SOY | 2021-04-04 | [Unsustainable deforestation and commodity imports. Public consultation on EU strategy - FoodTimes](https://feedsoft.ai/events/47635-unsustainable-deforestation-and-commodity-imports-public-consultation-on-eu.md) | +0.1% | +12.1% |

## Sources

- ieep.eu: https://ieep.eu/news/ieeps-response-to-the-public-consultation-on-deforestation-and-forest-degradation/

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