# Eliminating deforestation from supply chains by 2020: a review of the Amsterdam Declaration countries – Global Canopy

> Global Canopy reviews progress by the Amsterdam Declaration countries toward eliminating deforestation from supply chains by 2020. It notes Europe's large overseas deforestation footprint from beef, soy, palm oil and timber imports.

- Date: 2019-06-11 · published 2019-06-11T12:00:00.000Z
- Category: report · region Europe · magnitude low
- Page: https://feedsoft.ai/events/58616-eliminating-deforestation-from-supply-chains-by-2020-a-review-of-the-amsterdam
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Voluntary and policy commitments to deforestation-free supply chains may gradually raise sourcing costs for soy, palm oil and beef, but the review is an assessment with no direct price impact.

## Read by commodity

- SOY: neutral
- LCATTLE: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-06-02 | [The state of forest-risk supply chains – Global Canopy](https://feedsoft.ai/events/52642-the-state-of-forest-risk-supply-chains-global-canopy.md) | +2.9% | +3.1% |
| SOY | 2016-12-17 | [Companies are underestimating the risks of deforestation in their commodities supply chains](https://feedsoft.ai/events/73496-companies-are-underestimating-the-risks-of-deforestation-in-their-commodities.md) | -4.6% | +3.7% |
| SOY | 2018-08-13 | [Trase.earth tracks commodities, links supply chains to deforestation risk](https://feedsoft.ai/events/63556-trase-earth-tracks-commodities-links-supply-chains-to-deforestation-risk.md) | +4.2% | -1.5% |
| SOY | 2024-05-29 | [EU27 countries in the spotlight for deforestation exposure](https://feedsoft.ai/events/30265-eu27-countries-in-the-spotlight-for-deforestation-exposure.md) | -4.1% | -5.4% |
| SOY | 2024-01-29 | [Assessing tropical deforestation in Germany's agricultural commodity supply chains \| SEI](https://feedsoft.ai/events/32135-assessing-tropical-deforestation-in-germany-s-agricultural-commodity-supply.md) | -1.7% | -6.1% |
| PALMOIL | 2020-06-02 | [The state of forest-risk supply chains – Global Canopy](https://feedsoft.ai/events/52642-the-state-of-forest-risk-supply-chains-global-canopy.md) | +3.9% | +5.2% |
| PALMOIL | 2016-12-17 | [Companies are underestimating the risks of deforestation in their commodities supply chains](https://feedsoft.ai/events/73496-companies-are-underestimating-the-risks-of-deforestation-in-their-commodities.md) | -1.2% | -0.3% |
| PALMOIL | 2024-05-29 | [EU27 countries in the spotlight for deforestation exposure](https://feedsoft.ai/events/30265-eu27-countries-in-the-spotlight-for-deforestation-exposure.md) | +1.5% | +1.1% |

## Sources

- globalcanopy.org: https://globalcanopy.org/insights/publication/eliminating-deforestation-from-supply-chains-by-2020-a-review-of-the-amsterdam-declaration-countries/

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