# Driving forward European action on tropical deforestation

> Trase writes that European demand for soy and palm oil drives tropical deforestation and discusses upcoming meetings in Utrecht, including the RTRS conference and Amsterdam Declarations Partnership meeting. It highlights the Matopiba region in Brazil as a major deforestation frontier linked to soy production.

- Date: 2019-06-06 · published 2019-06-06T12:00:00.000Z
- Category: policy · region Europe · magnitude low
- Page: https://feedsoft.ai/events/58615-driving-forward-european-action-on-tropical-deforestation
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Pressure on soy production in frontier regions such as Matopiba could eventually limit supply expansion and support premiums for certified soy, though this commentary has no immediate price impact.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-03-31 | [The EU and tropical deforestation](https://feedsoft.ai/events/48153-the-eu-and-tropical-deforestation.md) | +3.1% | +14.0% |
| SOY | 2019-04-11 | [EU consumption drives ‘import’ of tropical deforestation](https://feedsoft.ai/events/59612-eu-consumption-drives-import-of-tropical-deforestation.md) | -2.5% | -11.3% |
| SOY | 2021-03-29 | [Mapping policy for how the EU can reduce its impact on tropical deforestation](https://feedsoft.ai/events/48152-mapping-policy-for-how-the-eu-can-reduce-its-impact-on-tropical-deforestation.md) | +0.9% | +12.0% |
| SOY | 2017-09-18 | [Figueres calls for EU action plan on ‘imported deforestation’ \| Rapporteur](https://feedsoft.ai/events/68981-figueres-calls-for-eu-action-plan-on-imported-deforestation-rapporteur.md) | +1.6% | +3.3% |
| SOY | 2018-11-12 | [EU states call for tough action on deforestation to meet 2020 UN goal](https://feedsoft.ai/events/62079-eu-states-call-for-tough-action-on-deforestation-to-meet-2020-un-goal.md) | +1.9% | +4.5% |
| PALMOIL | 2021-03-31 | [The EU and tropical deforestation](https://feedsoft.ai/events/48153-the-eu-and-tropical-deforestation.md) | -2.7% | -0.6% |
| PALMOIL | 2019-04-11 | [EU consumption drives ‘import’ of tropical deforestation](https://feedsoft.ai/events/59612-eu-consumption-drives-import-of-tropical-deforestation.md) | +0.1% | -8.8% |
| PALMOIL | 2021-03-29 | [Mapping policy for how the EU can reduce its impact on tropical deforestation](https://feedsoft.ai/events/48152-mapping-policy-for-how-the-eu-can-reduce-its-impact-on-tropical-deforestation.md) | -5.4% | -1.2% |

## Sources

- medium.com: https://medium.com/trase/driving-forward-european-action-on-tropical-deforestation-db65ff9af9bd

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