# Sustainability must be the norm in Europe to ensure palm oil and other commodities do not destroy forests - EIA

> The EIA briefing 'In Our Palms' argues the EU must adopt regulatory measures to cut the deforestation footprint of imported commodities, including palm oil. It says voluntary corporate no-deforestation commitments lack uniform adoption and standardisation.

- Date: 2018-06-21 · published 2018-06-21T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/64536-sustainability-must-be-the-norm-in-europe-to-ensure-palm-oil-and-other
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Pressure for EU regulation of deforestation-linked imports could eventually restrict palm oil supply to Europe, though this is advocacy rather than a new rule, so the near-term price effect is limited.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-02-23 | [Britain and Europe must tighten palm oil supply chains to save forests, EU parliament told \| Palm oil \| The Guardian](https://feedsoft.ai/events/66512-britain-and-europe-must-tighten-palm-oil-supply-chains-to-save-forests-eu.md) | +1.7% | -2.1% |
| PALMOIL | 2017-03-08 | [MEPs call for measures to stem deforestation for palm oil \| AGENCE EUROPE](https://feedsoft.ai/events/72015-meps-call-for-measures-to-stem-deforestation-for-palm-oil-agence-europe.md) | -2.6% | -7.5% |
| PALMOIL | 2022-11-15 | [European Parliament pass bill to ban imports of deforestation-linked commodities \| NGIS](https://feedsoft.ai/events/38692-european-parliament-pass-bill-to-ban-imports-of-deforestation-linked.md) | -3.2% | -2.1% |
| PALMOIL | 2026-02-11 | [The EU Deforestation Regulation (EUDR) is amended: what is the EUDR and what must companies do now?](https://feedsoft.ai/events/20606-the-eu-deforestation-regulation-eudr-is-amended-what-is-the-eudr-and-what-must.md) | -0.8% | +7.3% |
| PALMOIL | 2024-05-18 | [EU-Malaysia Joint Press Statement on EU Deforestation-Free Regulation (EUDR) and the Malaysian Sustainable Palm Oil (MSPO) Certification Scheme \| EEAS](https://feedsoft.ai/events/30261-eu-malaysia-joint-press-statement-on-eu-deforestation-free-regulation-eudr-and.md) | -0.3% | +1.7% |

## Sources

- eia-international.org: https://eia-international.org/news/sustainability-must-norm-europe-ensure-palm-oil-commodities-not-destroy-forests/

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