# ‘This is not somebody else’s problem’: EC urged to back-up deforestation commitment with policy and investment

> The European Commission committed to ending global deforestation linked to EU imports of agricultural commodities such as palm oil, soy, beef and paper. The article notes that European consumers account for about 10% of global impact on tropical forests and questions whether the commitments will be backed by policy and investment.

- Date: 2019-07-25 · published 2019-07-25T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/58118-this-is-not-somebody-else-s-problem-ec-urged-to-back-up-deforestation
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Europe's imports of feed-relevant soy and palm products make future deforestation rules a possible source of supply-chain friction, though no binding measures exist yet.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-06-07 | [EU urged to widen deforestation law - Insights - Trase](https://feedsoft.ai/events/40969-eu-urged-to-widen-deforestation-law-insights-trase.md) | +0.5% | -7.0% |
| SOY | 2024-02-08 | [5 common misunderstandings about the EU’s deforestation policy, clarified \| Trellis](https://feedsoft.ai/events/31734-5-common-misunderstandings-about-the-eu-s-deforestation-policy-clarified-trellis.md) | -1.6% | -2.7% |
| SOY | 2023-09-01 | [EU's Deforestation Regulation poses risks for companies and investors \| IFR](https://feedsoft.ai/events/34124-eu-s-deforestation-regulation-poses-risks-for-companies-and-investors-ifr.md) | -0.8% | -6.2% |
| SOY | 2021-09-20 | [European Commission to ban beef, soy and palm oil imports linked to deforestation \| Eurogroup for Animals](https://feedsoft.ai/events/45103-european-commission-to-ban-beef-soy-and-palm-oil-imports-linked-to.md) | +0.1% | -5.2% |
| SOY | 2020-04-20 | [Round tables to inform deforestation-free supply chain policy - STTC](https://feedsoft.ai/events/53659-round-tables-to-inform-deforestation-free-supply-chain-policy-sttc.md) | -0.0% | +0.7% |
| PALMOIL | 2024-02-08 | [5 common misunderstandings about the EU’s deforestation policy, clarified \| Trellis](https://feedsoft.ai/events/31734-5-common-misunderstandings-about-the-eu-s-deforestation-policy-clarified-trellis.md) | +1.2% | +5.7% |
| PALMOIL | 2023-09-01 | [EU's Deforestation Regulation poses risks for companies and investors \| IFR](https://feedsoft.ai/events/34124-eu-s-deforestation-regulation-poses-risks-for-companies-and-investors-ifr.md) | -4.5% | -7.0% |
| PALMOIL | 2023-08-01 | [How to verify your products are deforestation-free and comply with the EUDR Regulation?](https://feedsoft.ai/events/34616-how-to-verify-your-products-are-deforestation-free-and-comply-with-the-eudr.md) | -2.8% | -3.1% |

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2019/07/25/This-is-not-somebody-else-s-problem-EC-urged-to-back-up-deforestation-commitment-with-policy-and-investment/

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