# EU states call for tough action on deforestation to meet 2020 UN goal

> EU member states called for tough action on deforestation to help meet the 2020 UN goal. Greenpeace said strong EU laws could reduce the footprint of soy, palm oil and beef linked to Amazon deforestation.

- Date: 2018-11-12 · published 2018-11-12T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/62079-eu-states-call-for-tough-action-on-deforestation-to-meet-2020-un-goal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Stronger EU deforestation laws could add traceability requirements to soy, palm oil and beef imports. The effect on feed prices would depend on rules that have not yet been written.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-14 | [Pressure mounts on EU to act as France calls for action on deforestation - Fern](https://feedsoft.ai/events/62074-pressure-mounts-on-eu-to-act-as-france-calls-for-action-on-deforestation-fern.md) | +1.6% | +4.6% |
| SOY | 2019-02-28 | [Stepping up EU action on deforestation and forest degradation – Global Canopy](https://feedsoft.ai/events/60626-stepping-up-eu-action-on-deforestation-and-forest-degradation-global-canopy.md) | -1.5% | -1.8% |
| 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 | 2019-06-06 | [Driving forward European action on tropical deforestation](https://feedsoft.ai/events/58615-driving-forward-european-action-on-tropical-deforestation.md) | +0.9% | +1.8% |
| SOY | 2025-11-26 | [EU deforestation regulation forces companies to act - KPMG-Law](https://feedsoft.ai/events/21987-eu-deforestation-regulation-forces-companies-to-act-kpmg-law.md) | -0.8% | -5.5% |
| PALMOIL | 2018-11-14 | [Pressure mounts on EU to act as France calls for action on deforestation - Fern](https://feedsoft.ai/events/62074-pressure-mounts-on-eu-to-act-as-france-calls-for-action-on-deforestation-fern.md) | -0.6% | -0.1% |
| PALMOIL | 2019-02-28 | [Stepping up EU action on deforestation and forest degradation – Global Canopy](https://feedsoft.ai/events/60626-stepping-up-eu-action-on-deforestation-and-forest-degradation-global-canopy.md) | -4.2% | -5.1% |
| PALMOIL | 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) | -2.0% | -4.1% |

## Sources

- amp.theguardian.com: https://amp.theguardian.com/environment/2018/nov/12/eu-states-call-for-tough-action-on-deforestation-to-meet-2020-un-goal-amsterdam-declaration

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