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Fern recommends that EU trade agreements under negotiation with Indonesia, Malaysia and the Philippines include binding provisions to prevent increased deforestation and protect community land rights. It proposes roadmaps, civil society monitoring and dispute resolution mechanisms.
The group argues that current EU trade policy contributes to deforestation through commodity demand.
Tougher forest conditions in EU trade deals could raise compliance costs for palm oil and other tropical commodity exporters, but the proposals are advocacy positions with no immediate price effect.
fern.orgAug 6, 2019After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
