# Why you should support a new European law to combat global deforestation - Fern

> Fern urges supporters to back a new EU law against global deforestation ahead of a European Commission consultation running from 14 January to 25 February 2019. The Commission plans a Communication in the second quarter of 2019. Fern argues regulation is needed for products and the financial sector.

- Date: 2019-01-30 · published 2019-01-30T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/61117-why-you-should-support-a-new-european-law-to-combat-global-deforestation-fern
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A potential EU regulation on deforestation-linked imports could eventually tighten access for soy and other feed inputs, but no binding measure exists yet, so near-term price impact is minimal.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-09-13 | [WWF - European Parliament votes for a strong EU Deforestation law](https://feedsoft.ai/events/39610-wwf-european-parliament-votes-for-a-strong-eu-deforestation-law.md) | -5.7% | -11.3% |
| SOY | 2022-09-15 | [European bill passes to ban imports of deforestation-linked commodities](https://feedsoft.ai/events/39604-european-bill-passes-to-ban-imports-of-deforestation-linked-commodities.md) | -2.8% | -7.2% |
| SOY | 2023-11-14 | [European Union Deforestation Regulation Compliance](https://feedsoft.ai/events/33217-european-union-deforestation-regulation-compliance.md) | -0.1% | -3.2% |
| SOY | 2023-11-10 | [EU anti-deforestation law could affect 20% of Amazon soy](https://feedsoft.ai/events/33216-eu-anti-deforestation-law-could-affect-20-of-amazon-soy.md) | +2.4% | -1.8% |
| SOY | 2022-01-14 | [European Commission proposes new set of measures to address deforestation, waste management and soil health](https://feedsoft.ai/events/43166-european-commission-proposes-new-set-of-measures-to-address-deforestation-waste.md) | +3.6% | +15.9% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/why-you-should-support-a-new-european-law-to-combat-global-deforestation-890/

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