# Member States urge Commission to get real about fighting deforestation | WWF

> WWF urged EU Member States and the Commission to move beyond assessment and propose a new law guaranteeing that EU consumption does not drive deforestation. The statement followed the 16 December Agriculture and Fisheries Council meeting.

- Date: 2019-12-16 · published 2019-12-16T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/55611-member-states-urge-commission-to-get-real-about-fighting-deforestation-wwf
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Calls for binding legislation raise the prospect of stricter import rules on forest-risk commodities, a potential bearish factor for palm oil and soy trade into the EU, though no proposal exists yet.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-12-18 | [Finally: European Commission announces plans to act on deforestation \| WWF](https://feedsoft.ai/events/61586-finally-european-commission-announces-plans-to-act-on-deforestation-wwf.md) | +0.6% | +6.4% |
| PALMOIL | 2019-10-29 | [Proposal for deforestation labeling catches fire at the Commission – POLITICO](https://feedsoft.ai/events/56581-proposal-for-deforestation-labeling-catches-fire-at-the-commission-politico.md) | +13.0% | +17.4% |
| PALMOIL | 2024-04-01 | [The EU Deforestation Regulation: Getting started now](https://feedsoft.ai/events/31227-the-eu-deforestation-regulation-getting-started-now.md) | +3.0% | -2.1% |
| PALMOIL | 2018-12-19 | [Commission: The EU is part of the problem of global deforestation](https://feedsoft.ai/events/61587-commission-the-eu-is-part-of-the-problem-of-global-deforestation.md) | -0.6% | +6.0% |
| PALMOIL | 2026-07-12 | [European Commission updates scope of products covered by ‘deforestation regulation’ \| AGENCE EUROPE](https://feedsoft.ai/events/18355-european-commission-updates-scope-of-products-covered-by-deforestation.md) | +0.5% | +3.0% |
| SOY | 2018-12-18 | [Finally: European Commission announces plans to act on deforestation \| WWF](https://feedsoft.ai/events/61586-finally-european-commission-announces-plans-to-act-on-deforestation-wwf.md) | -2.3% | -1.1% |
| SOY | 2019-10-29 | [Proposal for deforestation labeling catches fire at the Commission – POLITICO](https://feedsoft.ai/events/56581-proposal-for-deforestation-labeling-catches-fire-at-the-commission-politico.md) | +0.5% | -3.1% |
| SOY | 2024-04-01 | [The EU Deforestation Regulation: Getting started now](https://feedsoft.ai/events/31227-the-eu-deforestation-regulation-getting-started-now.md) | -0.5% | -2.7% |

## Sources

- wwfmmi.org: https://www.wwfmmi.org/?357332%2FMember-States-urge-Commission-to-get-real-about-fighting-deforestation=

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