# Record submissions to public consultation urge EU to act on deforestation | Both ENDS

> Campaign groups handed the European Commission 1,193,652 submissions to its public consultation on deforestation, calling for a strong EU law. The total makes it the largest public consultation on environmental issues in EU history.

- Date: 2020-12-14 · published 2020-12-14T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/49669-record-submissions-to-public-consultation-urge-eu-to-act-on-deforestation-both
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Strong public pressure raises the likelihood of binding EU rules that could restrict deforestation-linked commodities such as soy and palm oil. Any law would be months or years away, so near-term price impact is limited.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-12-11 | [IEEP’s response to the public consultation on deforestation and forest degradation - IEEP AISBL](https://feedsoft.ai/events/49668-ieep-s-response-to-the-public-consultation-on-deforestation-and-forest.md) | +4.2% | +19.2% |
| SOY | 2020-02-12 | [EU-27: EU Commission Launches Public Consultation on Deforestation-Free Supply Chains \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/54634-eu-27-eu-commission-launches-public-consultation-on-deforestation-free-supply.md) | +1.4% | -1.9% |
| 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% |
| SOY | 2020-07-10 | [EU’s trade deals can put an end to deforestation](https://feedsoft.ai/events/52143-eu-s-trade-deals-can-put-an-end-to-deforestation.md) | -0.5% | -1.9% |
| PALMOIL | 2020-12-11 | [IEEP’s response to the public consultation on deforestation and forest degradation - IEEP AISBL](https://feedsoft.ai/events/49668-ieep-s-response-to-the-public-consultation-on-deforestation-and-forest.md) | +1.5% | +12.9% |
| PALMOIL | 2020-02-12 | [EU-27: EU Commission Launches Public Consultation on Deforestation-Free Supply Chains \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/54634-eu-27-eu-commission-launches-public-consultation-on-deforestation-free-supply.md) | -2.7% | -14.3% |
| 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% |

## Sources

- bothends.org: https://www.bothends.org/en/Whats-new/Press/Record-submissions-to-public-consultation-urge-EU-to-act-on-deforestation/

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