# France announces new five-year climate plan that puts end to “imported deforestation” of products like palm oil and soy - Mighty Earth

> France's Ecology Minister Nicolas Hulot unveiled a new five-year climate plan that aims to end imports of products linked to deforestation, including palm oil and soy. The plan covers tropical forest protection in the Amazon, West Africa and Southeast Asia. Mighty Earth welcomed the move.

- Date: 2017-07-12 · published 2017-07-12T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/70005-france-announces-new-five-year-climate-plan-that-puts-end-to-imported
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

If enforced, restrictions on deforestation-linked palm oil and soy imports into France could gradually shift demand toward certified supplies, though the effect on prices is expected to be small in the near term.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-11-18 | [EU imposes rules on six products to halt ‘imported deforestation’ – EUobserver](https://feedsoft.ai/events/44103-eu-imposes-rules-on-six-products-to-halt-imported-deforestation-euobserver.md) | +0.0% | -8.5% |
| PALMOIL | 2026-07-13 | [EU adds some palm oil products to deforestation law, removes leather \| Reuters](https://feedsoft.ai/events/18353-eu-adds-some-palm-oil-products-to-deforestation-law-removes-leather-reuters.md) | +0.5% | +3.0% |
| PALMOIL | 2018-12-18 | [Finally: European Commission announces plans to act on deforestation \| WWF](https://feedsoft.ai/events/61586-finally-european-commission-announces-plans-to-act-on-deforestation-wwf.md) | +0.6% | +6.4% |
| PALMOIL | 2020-11-10 | [The European Parliament takes a bold stance on legislation to tackle imported deforestation - Fern](https://feedsoft.ai/events/50183-the-european-parliament-takes-a-bold-stance-on-legislation-to-tackle-imported.md) | +3.2% | +6.7% |
| PALMOIL | 2023-04-20 | [EU Regulation on deforestation-free products: What comes next for importers / exporters of agricultural commodities? \| BLOMSTEIN](https://feedsoft.ai/events/36440-eu-regulation-on-deforestation-free-products-what-comes-next-for-importers.md) | -1.0% | -8.6% |
| SOY | 2021-11-18 | [EU imposes rules on six products to halt ‘imported deforestation’ – EUobserver](https://feedsoft.ai/events/44103-eu-imposes-rules-on-six-products-to-halt-imported-deforestation-euobserver.md) | -0.8% | +0.0% |
| SOY | 2018-12-18 | [Finally: European Commission announces plans to act on deforestation \| WWF](https://feedsoft.ai/events/61586-finally-european-commission-announces-plans-to-act-on-deforestation-wwf.md) | -2.3% | -1.1% |
| SOY | 2020-11-10 | [The European Parliament takes a bold stance on legislation to tackle imported deforestation - Fern](https://feedsoft.ai/events/50183-the-european-parliament-takes-a-bold-stance-on-legislation-to-tackle-imported.md) | +4.4% | +3.7% |

## Sources

- mightyearth.org: https://mightyearth.org/article/france-announces-new-five-year-climate-plan-that-puts-end-to-imported-deforestation-of-products-like-palm-oil-and-soy/

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