# EU urged to do more to protect forests DevelopmentAid

> Forest nations called on the EU to strengthen supply chain controls on commodities causing deforestation, including palm oil and cocoa. A delegation of 11 forest countries warned that global trade continues to harm forest peoples. The FAO estimates 8.8 million hectares of natural forest were lost yearly from 2010 to 2015.

- Date: 2018-02-22 · published 2018-02-22T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/66513-eu-urged-to-do-more-to-protect-forests-developmentaid
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Pressure for tighter EU supply-chain rules could raise compliance costs and limit palm oil and related feed inputs, a mildly supportive factor for competing vegetable oils.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-01-12 | [Commission tells Malaysia proposed biofuel policy respects WTO rules DevelopmentAid](https://feedsoft.ai/events/67021-commission-tells-malaysia-proposed-biofuel-policy-respects-wto-rules.md) | -1.6% | -1.1% |
| PALMOIL | 2019-12-16 | [EU action to protect the world’s forests – Council adopts conclusions - PubAffairs Bruxelles](https://feedsoft.ai/events/55607-eu-action-to-protect-the-world-s-forests-council-adopts-conclusions-pubaffairs.md) | +0.8% | +8.9% |
| PALMOIL | 2021-11-17 | [EU proposes law preventing import of goods linked to deforestation](https://feedsoft.ai/events/44100-eu-proposes-law-preventing-import-of-goods-linked-to-deforestation.md) | +0.8% | -9.2% |
| PALMOIL | 2023-05-03 | [EU Regulation on Deforestation-free products](https://feedsoft.ai/events/35974-eu-regulation-on-deforestation-free-products.md) | +9.2% | +2.0% |
| PALMOIL | 2019-10-14 | [Protecting forests, natural ecosystems and human rights: a case for EU action - Fern](https://feedsoft.ai/events/56583-protecting-forests-natural-ecosystems-and-human-rights-a-case-for-eu-action-fern.md) | +2.2% | +18.7% |

## Sources

- developmentaid.org: https://www.developmentaid.org/news-stream/post/17948/eu-urged-to-do-more-to-protect-forests

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