# EU Commission and Member States consolidate support for the FLEGT Action plan - Fern

> Fern and African partners toured Europe from February 6 to 16, 2017 to discuss the EU FLEGT Action Plan on illegal logging. EU officials and Member States renewed support for the plan, which will address drivers of deforestation including palm oil, rubber and cocoa.

- Date: 2017-02-06 · published 2017-02-06T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/72509-eu-commission-and-member-states-consolidate-support-for-the-flegt-action-plan
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expanded deforestation-linked trade rules could eventually constrain palm oil and other commodity flows, but the measures are still at an early stage with no immediate price effect.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-11-13 | [Support solidifies for an EU Due Diligence Regulation - Fern](https://feedsoft.ai/events/56085-support-solidifies-for-an-eu-due-diligence-regulation-fern.md) | -0.0% | +10.1% |
| PALMOIL | 2024-12-04 | [The EU Deforestation Regulation: an update and what it means for companies](https://feedsoft.ai/events/26993-the-eu-deforestation-regulation-an-update-and-what-it-means-for-companies.md) | -0.7% | -14.6% |
| PALMOIL | 2019-07-23 | [EU Communication (2019) on stepping up EU action to protect and restore the world’s forests - European Commission](https://feedsoft.ai/events/58112-eu-communication-2019-on-stepping-up-eu-action-to-protect-and-restore-the-world.md) | +0.8% | +7.8% |
| PALMOIL | 2025-10-22 | [European Commission Maintains 30 December 2025 Application Date for EU Deforestation Regulation \| Environment, Land & Resources](https://feedsoft.ai/events/22427-european-commission-maintains-30-december-2025-application-date-for-eu.md) | -1.0% | -6.2% |
| PALMOIL | 2017-09-18 | [Figueres calls for EU action plan on ‘imported deforestation’ \| Rapporteur](https://feedsoft.ai/events/68981-figueres-calls-for-eu-action-plan-on-imported-deforestation-rapporteur.md) | -2.0% | -4.1% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/eu-commission-and-member-states-consolidate-support-for-the-flegt-action-plan-735/

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