# Halting deforestation – a critical contribution from the EU

> A former UN climate chief writes that the EU should act on imported deforestation, noting the European Commission will release a feasibility study on policy options in the coming weeks. The column argues an Action Plan is the best route.

- Date: 2018-02-28 · published 2018-02-28T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/66514-halting-deforestation-a-critical-contribution-from-the-eu
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Possible future EU measures against deforestation-linked imports could eventually restrict palm oil and soy trade, but no concrete rule has yet been adopted, so the near-term price effect is limited.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-03-28 | [The EU deforestation free-products regulation: a critical overview - EPICC](https://feedsoft.ai/events/31224-the-eu-deforestation-free-products-regulation-a-critical-overview-epicc.md) | +4.2% | -2.2% |
| PALMOIL | 2024-04-01 | [The EU Deforestation Regulation: Getting started now](https://feedsoft.ai/events/31227-the-eu-deforestation-regulation-getting-started-now.md) | +3.0% | -2.1% |
| PALMOIL | 2024-04-02 | [EUDR: Navigating the EU Regulation on Deforestation-Free Products](https://feedsoft.ai/events/30768-eudr-navigating-the-eu-regulation-on-deforestation-free-products.md) | +1.9% | -2.1% |
| PALMOIL | 2020-11-02 | [Proposal from the European Parliament on Deforestation Due Diligence](https://feedsoft.ai/events/50182-proposal-from-the-european-parliament-on-deforestation-due-diligence.md) | +7.4% | +13.1% |
| PALMOIL | 2018-12-19 | [Commission: The EU is part of the problem of global deforestation](https://feedsoft.ai/events/61587-commission-the-eu-is-part-of-the-problem-of-global-deforestation.md) | -0.6% | +6.0% |
| SOY | 2024-03-28 | [The EU deforestation free-products regulation: a critical overview - EPICC](https://feedsoft.ai/events/31224-the-eu-deforestation-free-products-regulation-a-critical-overview-epicc.md) | -1.0% | -2.5% |
| SOY | 2024-04-01 | [The EU Deforestation Regulation: Getting started now](https://feedsoft.ai/events/31227-the-eu-deforestation-regulation-getting-started-now.md) | -0.5% | -2.7% |
| SOY | 2024-04-02 | [EUDR: Navigating the EU Regulation on Deforestation-Free Products](https://feedsoft.ai/events/30768-eudr-navigating-the-eu-regulation-on-deforestation-free-products.md) | -0.4% | -2.1% |

## Sources

- euractiv.com: https://www.euractiv.com/section/climate-environment/opinion/time-is-running-out-for-the-eu-to-take-a-serious-commitment-on-deforestation/

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