# Protecting forests, natural ecosystems and human rights: a case for EU action - Fern

> NGOs published a briefing calling on the EU to adopt mandatory supply chain due diligence covering deforestation, forest degradation and human rights. It follows a July 2019 Commission communication on protecting the world's forests. The briefing also urges due diligence for financial institutions.

- Date: 2019-10-14 · published 2019-10-14T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/56583-protecting-forests-natural-ecosystems-and-human-rights-a-case-for-eu-action-fern
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Advocacy for mandatory due diligence on soy, palm oil, beef and cocoa would add compliance burden for imports if adopted, but it is advocacy rather than a binding decision.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-05-16 | [EU Approves Law for ‘Deforestation-Free’ Trade \| Human Rights Watch](https://feedsoft.ai/events/35971-eu-approves-law-for-deforestation-free-trade-human-rights-watch.md) | -4.2% | -0.1% |
| SOY | 2023-04-19 | [EU: Major Step For ‘Deforestation-Free’ Trade \| Human Rights Watch](https://feedsoft.ai/events/36441-eu-major-step-for-deforestation-free-trade-human-rights-watch.md) | -4.9% | -10.2% |
| SOY | 2023-05-19 | [EU adopts new rules for deforestation-free products \| White & Case LLP](https://feedsoft.ai/events/35970-eu-adopts-new-rules-for-deforestation-free-products-white-and-case-llp.md) | -0.7% | +10.0% |
| SOY | 2019-12-16 | [EU action to protect the world’s forests – Council adopts conclusions - PubAffairs Bruxelles](https://feedsoft.ai/events/55607-eu-action-to-protect-the-world-s-forests-council-adopts-conclusions-pubaffairs.md) | +2.3% | +2.3% |
| SOY | 2019-12-11 | [Green Deal could be a springboard for ambitious forest action - Fern](https://feedsoft.ai/events/55609-green-deal-could-be-a-springboard-for-ambitious-forest-action-fern.md) | +3.1% | +3.6% |
| PALMOIL | 2023-05-16 | [EU Approves Law for ‘Deforestation-Free’ Trade \| Human Rights Watch](https://feedsoft.ai/events/35971-eu-approves-law-for-deforestation-free-trade-human-rights-watch.md) | -1.7% | -7.8% |
| PALMOIL | 2023-04-19 | [EU: Major Step For ‘Deforestation-Free’ Trade \| Human Rights Watch](https://feedsoft.ai/events/36441-eu-major-step-for-deforestation-free-trade-human-rights-watch.md) | -1.0% | -8.4% |
| PALMOIL | 2018-02-15 | [Press Release - Indigenous and human rights defenders visiting the EU call for stronger rights protections in agro-commodity business and policies for deforestation-free trade and investment - Forest Peoples Programme](https://feedsoft.ai/events/66517-press-release-indigenous-and-human-rights-defenders-visiting-the-eu-call-for.md) | +0.1% | -2.0% |

## Sources

- eia-international.org: https://eia-international.org/news/eu-called-upon-to-do-much-more-to-protect-forests-natural-ecosystems-and-human-rights/
- fern.org: https://www.fern.org/de/publications-insight/article/protecting-forests-natural-ecosystems-and-human-rights-a-case-for-eu-action-2046/

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