# EU must embrace transparency to meet deforestation goals - Insights - Trase

> Trase argues the EU needs greater transparency in its imports of forest-risk commodities to reduce tropical deforestation. It cites EU soy imports from Brazil of about 13 million tons in 2017 and notes cattle as the largest driver of deforestation.

- Date: 2019-03-04 · published 2019-03-04T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/60106-eu-must-embrace-transparency-to-meet-deforestation-goals-insights-trase
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Possible future EU rules on deforestation-linked commodities could eventually restrict soy and palm oil flows, but this commentary describes no immediate policy change affecting prices.

## Read by commodity

- SBM: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-08-01 | [Supporting France’s plan to increase transparency over deforestation - Insights - Trase](https://feedsoft.ai/events/40058-supporting-france-s-plan-to-increase-transparency-over-deforestation-insights.md) | +0.9% | -2.8% |
| SBM | 2021-04-13 | [Trase data highlights EU's role in deforestation - Insights - Trase](https://feedsoft.ai/events/47631-trase-data-highlights-eu-s-role-in-deforestation-insights-trase.md) | +1.5% | +9.7% |
| SBM | 2022-03-15 | [Strengthening the EU regulation on deforestation-free products - Insights - Trase](https://feedsoft.ai/events/42298-strengthening-the-eu-regulation-on-deforestation-free-products-insights-trase.md) | -6.5% | -11.2% |
| SBM | 2023-08-22 | [EU Adopts New Regulation To Reduce Global Deforestation](https://feedsoft.ai/events/34614-eu-adopts-new-regulation-to-reduce-global-deforestation.md) | +3.5% | -4.2% |
| 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% |
| PALMOIL | 2021-04-13 | [Trase data highlights EU's role in deforestation - Insights - Trase](https://feedsoft.ai/events/47631-trase-data-highlights-eu-s-role-in-deforestation-insights-trase.md) | +4.1% | +17.4% |
| PALMOIL | 2022-03-15 | [Strengthening the EU regulation on deforestation-free products - Insights - Trase](https://feedsoft.ai/events/42298-strengthening-the-eu-regulation-on-deforestation-free-products-insights-trase.md) | -1.5% | -7.5% |
| PALMOIL | 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) | -2.3% | -2.3% |

## Sources

- trase.earth: https://trase.earth/insights/eu-must-embrace-transparency-to-meet-deforestation

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