# The Alliance calls for a European legislation to fight against imported deforestation - Alliance Preservation Forests

> The Alliance for the Preservation of Forests, a coalition of companies committed to zero deforestation, backed a European legal framework against imported deforestation. It called for mandatory due diligence aligned with UN and OECD guidance and cited the French Duty of Vigilance Law as a model.

- Date: 2020-05-26 · published 2020-05-26T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/53153-the-alliance-calls-for-a-european-legislation-to-fight-against-imported
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Corporate support for a binding EU law could accelerate demand for deforestation-free soy, palm oil and beef, but the proposal has no immediate effect on prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-11-24 | [The European Commission has published its draft regulation to fight against imported deforestation](https://feedsoft.ai/events/44106-the-european-commission-has-published-its-draft-regulation-to-fight-against.md) | -3.5% | +4.4% |
| SOY | 2020-11-10 | [The European Parliament takes a bold stance on legislation to tackle imported deforestation - Fern](https://feedsoft.ai/events/50183-the-european-parliament-takes-a-bold-stance-on-legislation-to-tackle-imported.md) | +4.4% | +3.7% |
| SOY | 2020-02-13 | [European Parliament calls for rules to end imported deforestation - Fern](https://feedsoft.ai/events/54635-european-parliament-calls-for-rules-to-end-imported-deforestation-fern.md) | +0.0% | -4.2% |
| SOY | 2017-09-18 | [Figueres calls for EU action plan on ‘imported deforestation’ \| Rapporteur](https://feedsoft.ai/events/68981-figueres-calls-for-eu-action-plan-on-imported-deforestation-rapporteur.md) | +1.6% | +3.3% |
| SOY | 2020-04-27 | [Sustainable Palm Oil, in line with European proposals against imported deforestation](https://feedsoft.ai/events/53663-sustainable-palm-oil-in-line-with-european-proposals-against-imported.md) | +1.8% | +0.1% |
| SBM | 2021-11-24 | [The European Commission has published its draft regulation to fight against imported deforestation](https://feedsoft.ai/events/44106-the-european-commission-has-published-its-draft-regulation-to-fight-against.md) | -1.9% | +9.3% |
| SBM | 2020-07-01 | [Fight against EU-induced deforestation requires a duty of care, according to draft ‘Burkhardt report’ \| AGENCE EUROPE](https://feedsoft.ai/events/52141-fight-against-eu-induced-deforestation-requires-a-duty-of-care-according-to.md) | +1.9% | +0.2% |
| SBM | 2021-09-16 | [Delara Burkhardt fears lack of ambition in future European law against global deforestation imported into EU \| AGENCE EUROPE](https://feedsoft.ai/events/45101-delara-burkhardt-fears-lack-of-ambition-in-future-european-law-against-global.md) | +0.8% | -5.1% |

## Sources

- alliance-preservation-forets.org: https://alliance-preservation-forets.org/en/news/the-alliance-calls-for-a-european-legislation-to-fight-against-imported-deforestation/

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