# Blog: How can EU policies halt deforestation? - Fern

> Fern argues that EU policies must reduce consumption of forest-risk commodities such as soy, palm oil, leather and beef to halt deforestation. It cites an estimate that EU consumption cleared forest area about the size of Portugal between 2010 and 2015. The piece calls for changes to EU trade, climate, agricultural and energy policy, and for legal, sustainable supply chains.

- Date: 2017-06-26 · published 2017-06-26T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/70525-blog-how-can-eu-policies-halt-deforestation-fern
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Any binding EU demand-side curbs on forest-risk commodities would eventually trim import demand for soy and palm oil, but the proposals are advocacy without a near-term policy decision, so the price effect is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-03-29 | [Mapping policy for how the EU can reduce its impact on tropical deforestation](https://feedsoft.ai/events/48152-mapping-policy-for-how-the-eu-can-reduce-its-impact-on-tropical-deforestation.md) | +0.9% | +12.0% |
| SOY | 2023-07-20 | [What is the EU Deforestation Regulation? - Fern](https://feedsoft.ai/events/35077-what-is-the-eu-deforestation-regulation-fern.md) | +3.7% | -10.5% |
| SOY | 2020-07-10 | [EU’s trade deals can put an end to deforestation](https://feedsoft.ai/events/52143-eu-s-trade-deals-can-put-an-end-to-deforestation.md) | -0.5% | -1.9% |
| SOY | 2021-04-14 | [A by-the-numbers look at how EU appetites drive deforestation – POLITICO](https://feedsoft.ai/events/47630-a-by-the-numbers-look-at-how-eu-appetites-drive-deforestation-politico.md) | +5.9% | +17.8% |
| SOY | 2024-01-16 | [POLICY PANEL EU Deforestation-free Regulation • OPTA Europe](https://feedsoft.ai/events/32134-policy-panel-eu-deforestation-free-regulation-opta-europe.md) | +1.5% | -1.1% |
| SBM | 2020-09-11 | [Have your say on the EU’s deforestation policy \| Both ENDS](https://feedsoft.ai/events/51142-have-your-say-on-the-eu-s-deforestation-policy-both-ends.md) | +6.2% | +15.5% |
| SBM | 2021-04-14 | [A by-the-numbers look at how EU appetites drive deforestation – POLITICO](https://feedsoft.ai/events/47630-a-by-the-numbers-look-at-how-eu-appetites-drive-deforestation-politico.md) | +3.5% | +12.2% |
| SBM | 2024-01-16 | [POLICY PANEL EU Deforestation-free Regulation • OPTA Europe](https://feedsoft.ai/events/32134-policy-panel-eu-deforestation-free-regulation-opta-europe.md) | +1.1% | -0.8% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/blog-how-can-eu-policies-halt-deforestation-230/

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