# Green Deal: measures to step up the fight against global deforestation

> The European Parliament adopted a non-binding resolution on 15 September 2020 (543 votes to 47, 109 abstentions) calling for binding EU targets to protect forests, especially primary forests. MEPs also urged deforestation-free supply chains and trade agreements with binding anti-deforestation provisions.

- Date: 2020-09-16 · published 2020-09-16T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/51139-green-deal-measures-to-step-up-the-fight-against-global-deforestation
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

If the Commission adopts deforestation-free import rules, soy, palm oil, beef and other forest-risk commodities sold into the EU could face compliance costs and sourcing restrictions, tightening supply of compliant feed proteins over time.

## Read by commodity

- SBM: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-07-06 | [Environmental group demands tougher legislation against ‘imported deforestation’ linked to illicit soy farming \| Clean Energy Wire](https://feedsoft.ai/events/46094-environmental-group-demands-tougher-legislation-against-imported-deforestation.md) | -5.8% | -5.1% |
| SBM | 2019-11-12 | [State Council planning more measures to restore nation's hog production](https://feedsoft.ai/events/56059-state-council-planning-more-measures-to-restore-nation-s-hog-production.md) | +0.2% | -1.2% |
| SBM | 2022-09-14 | [EU groups say deforestation plan falls short \| World Grain](https://feedsoft.ai/events/39612-eu-groups-say-deforestation-plan-falls-short-world-grain.md) | -1.2% | -8.5% |
| SBM | 2020-09-11 | [Have your say on the EU’s deforestation policy \| Both ENDS](https://feedsoft.ai/events/51142-have-your-say-on-the-eu-s-deforestation-policy-both-ends.md) | +6.2% | +15.5% |
| SBM | 2022-02-07 | [EU ministers to debate proposal on deforestation-related products on 21 February \| AGENCE EUROPE](https://feedsoft.ai/events/42736-eu-ministers-to-debate-proposal-on-deforestation-related-products-on-21.md) | +3.1% | +5.5% |
| PALMOIL | 2022-01-28 | [France pushes for EU deforestation law as activists seek tougher measures  \| The National](https://feedsoft.ai/events/43171-france-pushes-for-eu-deforestation-law-as-activists-seek-tougher-measures-the.md) | +5.5% | +10.6% |
| PALMOIL | 2018-03-20 | [Greenpeace urges EU to do more to halt palm-oil driven deforestation](https://feedsoft.ai/events/66023-greenpeace-urges-eu-to-do-more-to-halt-palm-oil-driven-deforestation.md) | +0.2% | +0.5% |
| PALMOIL | 2022-09-21 | [Another step forward on the new “Zero-Deforestation” regulation - Etifor](https://feedsoft.ai/events/39606-another-step-forward-on-the-new-zero-deforestation-regulation-etifor.md) | -1.3% | -1.3% |

## Sources

- europarl.europa.eu: https://www.europarl.europa.eu/news/en/press-room/20200910IPR86827/green-deal-measures-to-step-up-the-fight-against-global-deforestation

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