# European Parliament Committee will prepare an own-initiative report on new European plan to combat global deforestation | AGENCE EUROPE

> The European Parliament's Environment Committee debated the Commission's July deforestation plan with Commission officials on September 5, 2019. MEPs called for regulation of deforestation-linked imports and questioned the Mercosur trade deal, and the committee will prepare an own-initiative report.

- Date: 2019-09-04 · published 2019-09-04T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/57131-european-parliament-committee-will-prepare-an-own-initiative-report-on-new
- 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

Parliamentary momentum for import regulation raises the odds of future EU limits on soy and other commodities, but no decision has been made, so there is no immediate price impact.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-04-19 | [Parliament adopts new law to fight global deforestation  \| News \| European Parliament](https://feedsoft.ai/events/36437-parliament-adopts-new-law-to-fight-global-deforestation-news-european-parliament.md) | -4.9% | -10.2% |
| SOY | 2020-07-20 | [REPORT with recommendations to the Commission on an EU legal framework to halt and reverse EU-driven global deforestation \| A9-0179/2020 \| European Parliament](https://feedsoft.ai/events/52139-report-with-recommendations-to-the-commission-on-an-eu-legal-framework-to-halt.md) | +0.8% | +0.6% |
| SOY | 2019-01-30 | [Why you should support a new European law to combat global deforestation - Fern](https://feedsoft.ai/events/61117-why-you-should-support-a-new-european-law-to-combat-global-deforestation-fern.md) | +0.1% | -1.7% |
| SOY | 2022-11-15 | [European Parliament pass bill to ban imports of deforestation-linked commodities \| NGIS](https://feedsoft.ai/events/38692-european-parliament-pass-bill-to-ban-imports-of-deforestation-linked.md) | -0.3% | +2.6% |
| SOY | 2023-01-16 | [MEPs approve Parliament/Council agreement on ‘imported deforestation’ EU regulation \| AGENCE EUROPE](https://feedsoft.ai/events/37812-meps-approve-parliament-council-agreement-on-imported-deforestation-eu.md) | -3.1% | +0.3% |
| SBM | 2020-07-20 | [REPORT with recommendations to the Commission on an EU legal framework to halt and reverse EU-driven global deforestation \| A9-0179/2020 \| European Parliament](https://feedsoft.ai/events/52139-report-with-recommendations-to-the-commission-on-an-eu-legal-framework-to-halt.md) | +1.5% | +1.1% |
| SBM | 2022-02-20 | [Proposal on combating deforestation problematic for EU ministers \| AGENCE EUROPE](https://feedsoft.ai/events/42737-proposal-on-combating-deforestation-problematic-for-eu-ministers-agence-europe.md) | +0.4% | +7.9% |
| SBM | 2020-06-18 | [Deforestation in Amazon, MEPs call on EU not to be complicit in it \| AGENCE EUROPE](https://feedsoft.ai/events/52640-deforestation-in-amazon-meps-call-on-eu-not-to-be-complicit-in-it-agence-europe.md) | -0.4% | -0.3% |

## Sources

- agenceurope.eu: https://agenceurope.eu/en/bulletin/article/12321/4/european-parliament-committee-will-prepare-an-own-initiative-report-on-new-european-plan-to-combat-global-deforestation

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