# Tropical Forests Thrive on Radical Transparency

> Trase, a new supply-chain data platform led by the Stockholm Environment Institute and Global Canopy Programme, was launched to track commodity flows linked to tropical deforestation. It states that commodity production drives two-thirds of tropical deforestation.

- Date: 2017-02-15 · published 2017-02-15T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/72513-tropical-forests-thrive-on-radical-transparency
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Traceability tools may increase pressure on palm oil, soy and beef exporters to prove deforestation-free sourcing, which could affect future trade flows.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-06-06 | [Driving forward European action on tropical deforestation](https://feedsoft.ai/events/58615-driving-forward-european-action-on-tropical-deforestation.md) | -3.2% | -3.9% |
| PALMOIL | 2021-03-31 | [The EU and tropical deforestation](https://feedsoft.ai/events/48153-the-eu-and-tropical-deforestation.md) | -2.7% | -0.6% |
| PALMOIL | 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) | -5.4% | -1.2% |
| PALMOIL | 2019-04-11 | [EU consumption drives ‘import’ of tropical deforestation](https://feedsoft.ai/events/59612-eu-consumption-drives-import-of-tropical-deforestation.md) | +0.1% | -8.8% |
| PALMOIL | 2019-03-04 | [EU must embrace transparency to meet deforestation goals - Insights - Trase](https://feedsoft.ai/events/60106-eu-must-embrace-transparency-to-meet-deforestation-goals-insights-trase.md) | -3.0% | -2.8% |
| SOY | 2019-06-06 | [Driving forward European action on tropical deforestation](https://feedsoft.ai/events/58615-driving-forward-european-action-on-tropical-deforestation.md) | +0.9% | +1.8% |
| SOY | 2021-03-31 | [The EU and tropical deforestation](https://feedsoft.ai/events/48153-the-eu-and-tropical-deforestation.md) | +3.1% | +14.0% |
| 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% |

## Sources

- maximpact-blog.com: http://maximpact-blog.com/tropical-forests-thrive-radical-transparency/

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