# Article - Fern

> Testimonies at a Brussels event on February 7, 2017 described land grabbing and community displacement tied to palm oil plantations in Cameroon, Colombia and Liberia. The event preceded a European Parliament vote on a report on palm oil and deforestation.

- Date: 2017-02-07 · published 2017-02-07T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/72507-article-fern
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Pending EU rules on deforestation and renewable energy could restrict palm oil imports and biofuel use, which would weigh on palm oil demand and prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-12-16 | [Article - Fern](https://feedsoft.ai/events/55608-article-fern.md) | +0.8% | +8.9% |
| PALMOIL | 2019-05-31 | [France’s deforestation strategy – a good starting point - Fern](https://feedsoft.ai/events/59114-france-s-deforestation-strategy-a-good-starting-point-fern.md) | +0.6% | -1.4% |
| PALMOIL | 2019-12-11 | [Green Deal could be a springboard for ambitious forest action - Fern](https://feedsoft.ai/events/55609-green-deal-could-be-a-springboard-for-ambitious-forest-action-fern.md) | -0.3% | +9.8% |
| PALMOIL | 2019-10-14 | [Protecting forests, natural ecosystems and human rights: a case for EU action - Fern](https://feedsoft.ai/events/56583-protecting-forests-natural-ecosystems-and-human-rights-a-case-for-eu-action-fern.md) | +2.2% | +18.7% |
| 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% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/palm-oil-plantations-in-cameroon-took-away-families-crop-land-and-burial-lands-hear-participants-at-event-in-eu-parliament-295/

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