# Major players join forces to place sustainability at the heart of global commodity supply chains | GEF

> The Good Growth Partnership, funded by the Global Environment Facility and led by UNDP, launched at the UN in New York to make soy, beef and palm oil supply chains more sustainable. It will work with Brazil, Indonesia, Liberia and Paraguay alongside the private sector and NGOs.

- Date: 2017-09-06 · published 2017-09-06T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/68986-major-players-join-forces-to-place-sustainability-at-the-heart-of-global
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The programme may over time influence sourcing standards for soy, beef and palm oil in major producing countries. Its effect on prices is indirect and unlikely to be material in the near term.

## Read by commodity

- SOY: neutral
- LCATTLE: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-10-24 | [The Chain: EU Proposals for Deforestation-Free Supply Chains Another Step in the Transformation of Agricultural Commodity Trade - Chain Reaction Research](https://feedsoft.ai/events/68516-the-chain-eu-proposals-for-deforestation-free-supply-chains-another-step-in-the.md) | -0.8% | +0.9% |
| SOY | 2020-01-01 | [Sustainability in Brazilian soy supply chain – the complexities of tackling deforestation – TheCircularEconomy.com](https://feedsoft.ai/events/55082-sustainability-in-brazilian-soy-supply-chain-the-complexities-of-tackling.md) | -0.5% | -7.1% |
| SOY | 2017-12-06 | [Making Deforestation Free Supply Chains A Reality The Accountability Framework](https://feedsoft.ai/events/67488-making-deforestation-free-supply-chains-a-reality-the-accountability-framework.md) | -3.2% | -4.9% |
| SOY | 2020-05-04 | [New EU rules to remove deforestation from supply chains – Global Canopy](https://feedsoft.ai/events/53149-new-eu-rules-to-remove-deforestation-from-supply-chains-global-canopy.md) | +0.2% | -0.8% |
| SOY | 2021-04-29 | [Case for Ad Hoc Assistance in the Presence of Commodity Programs: MFP 2018 - farmdoc daily](https://feedsoft.ai/events/47578-case-for-ad-hoc-assistance-in-the-presence-of-commodity-programs-mfp-2018.md) | +1.6% | -3.5% |
| PALMOIL | 2021-03-15 | [The Case for Global Sustainability Standards for Vegetable Oils \| Global Policy Journal](https://feedsoft.ai/events/48157-the-case-for-global-sustainability-standards-for-vegetable-oils-global-policy.md) | -3.0% | -9.4% |
| PALMOIL | 2017-10-24 | [The Chain: EU Proposals for Deforestation-Free Supply Chains Another Step in the Transformation of Agricultural Commodity Trade - Chain Reaction Research](https://feedsoft.ai/events/68516-the-chain-eu-proposals-for-deforestation-free-supply-chains-another-step-in-the.md) | +0.3% | -0.0% |
| PALMOIL | 2025-12-19 | [No change in sustainability requirements for palm oil \| The Star](https://feedsoft.ai/events/21526-no-change-in-sustainability-requirements-for-palm-oil-the-star.md) | +0.8% | +1.8% |

## Sources

- thegef.org: https://www.thegef.org/newsroom/press-releases/major-players-join-forces-place-sustainability-heart-global-commodity

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