# Palm oil is part of the deforestation problem - Friends of Europe

> Dutch-based MEP Kateřina Konečná argues in an opinion piece that palm oil cultivation drives tropical deforestation and that the EU is part of the problem through investment flows and use of palm oil in biofuels. She calls for an immediate response.

- Date: 2018-07-18 · published 2018-07-18T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/64064-palm-oil-is-part-of-the-deforestation-problem-friends-of-europe
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Continued political pressure against palm biofuels in the EU could weigh on long-run palm oil demand, though this is commentary with no policy change behind it.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-09-26 | [Is the European Union Deforestation Regulation WTO-Proof? – ECIPE](https://feedsoft.ai/events/28330-is-the-european-union-deforestation-regulation-wto-proof-ecipe.md) | +8.4% | +9.5% |
| PALMOIL | 2023-07-20 | [What is the EU Deforestation Regulation? - Fern](https://feedsoft.ai/events/35077-what-is-the-eu-deforestation-regulation-fern.md) | +1.6% | -2.4% |
| PALMOIL | 2020-04-27 | [Sustainable Palm Oil, in line with European proposals against imported deforestation](https://feedsoft.ai/events/53663-sustainable-palm-oil-in-line-with-european-proposals-against-imported.md) | -4.9% | -4.9% |
| PALMOIL | 2025-06-13 | [The EU Deforestation Regulation](https://feedsoft.ai/events/24239-the-eu-deforestation-regulation.md) | +3.5% | +8.0% |
| PALMOIL | 2020-10-22 | [Europe needs laws to stop import of deforestation-linked products, lawmakers say](https://feedsoft.ai/events/50659-europe-needs-laws-to-stop-import-of-deforestation-linked-products-lawmakers-say.md) | +1.2% | +15.2% |

## Sources

- friendsofeurope.org: https://www.friendsofeurope.org/insights/palm-oil-is-part-of-the-deforestation-problem/

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