# Europe's contribution to deforestation set to rise despite pledge to halt it | BusinessGreen News

> An analysis reported by the Guardian projects that Europe's consumption of beef, soy and palm oil could raise its contribution to global deforestation by more than a quarter by 2030. The finding contrasts with the EU's pledge to halt deforestation.

- Date: 2017-07-03 · published 2017-07-03T12:00:00.000Z
- Category: report · region EU · magnitude low
- Page: https://feedsoft.ai/events/70003-europe-s-contribution-to-deforestation-set-to-rise-despite-pledge-to-halt-it
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The projection signals possible future policy pressure on imports of soy and palm oil, but it has no near-term effect on supply or prices.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-10-02 | [Publication of the report: “Setting a new bar for deforestation and conversion free soy in Europe” - ProTerra Foundation](https://feedsoft.ai/events/33665-publication-of-the-report-setting-a-new-bar-for-deforestation-and-conversion.md) | -0.7% | +1.7% |
| SOY | 2025-07-01 | [New European Soy Report Highlights Progress and Challenges in Transition to Deforestation-Free Supply Chains  - ProTerra Foundation](https://feedsoft.ai/events/23779-new-european-soy-report-highlights-progress-and-challenges-in-transition-to.md) | 0.0% | -4.1% |
| SOY | 2019-06-11 | [Europe “dangerously behind” on achieving deforestation-free soy, palm, timber, cocoa](https://feedsoft.ai/events/58614-europe-dangerously-behind-on-achieving-deforestation-free-soy-palm-timber-cocoa.md) | +6.3% | +2.8% |
| SOY | 2024-08-14 | [EU commodities import continue to drive deforestation - EMMA4EU](https://feedsoft.ai/events/28805-eu-commodities-import-continue-to-drive-deforestation-emma4eu.md) | -3.2% | -0.9% |
| SOY | 2016-12-30 | [How data holds businesses accountable for deforestation \| Trellis](https://feedsoft.ai/events/73474-how-data-holds-businesses-accountable-for-deforestation-trellis.md) | -1.7% | +1.9% |
| PALMOIL | 2019-06-11 | [Europe “dangerously behind” on achieving deforestation-free soy, palm, timber, cocoa](https://feedsoft.ai/events/58614-europe-dangerously-behind-on-achieving-deforestation-free-soy-palm-timber-cocoa.md) | +0.9% | -2.3% |
| PALMOIL | 2024-08-14 | [EU commodities import continue to drive deforestation - EMMA4EU](https://feedsoft.ai/events/28805-eu-commodities-import-continue-to-drive-deforestation-emma4eu.md) | +1.7% | +7.8% |
| PALMOIL | 2016-12-30 | [How data holds businesses accountable for deforestation \| Trellis](https://feedsoft.ai/events/73474-how-data-holds-businesses-accountable-for-deforestation-trellis.md) | -1.4% | 0.0% |

## Sources

- businessgreen.com: https://www.businessgreen.com/news/3013017/europes-contribution-to-deforestation-set-to-rise-despite-pledge-to-halt-it

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