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<\/a><\/p>\nThe law will require companies that sell goods into the EU to produce a due diligence statement and \u201cverifiable\u201d information proving their goods were not grown on land deforested after 2020, or risk hefty fines.<\/p>\n
The rules aim to eliminate deforestation from the supply chains of a range of everyday items sold in Europe. It will apply to soy, beef, palm oil, wood, cocoa, coffee, rubber, charcoal, and derived products including leather, chocolate and furniture.<\/p>\n
Deforestation is responsible for about 10% of global greenhouse gas emissions that drive climate change, and the landmark law aims to tackle the EU\u2019s contribution to this.<\/p>\n
The law does not target any one country, but has faced pushback from countries that would be among the most affected.<\/p>\n
Indonesia and Malaysia, the world\u2019s largest palm oil exporters, have accused the EU of blocking market access for their palm oil. The EU is the world\u2019s third-largest palm oil importer.<\/p>\n
Malaysia has said it could stop exporting palm oil to the EU in response to the law, while palm oil smallholders warn that they cannot comply with its requirements to prove when and where goods were produced, using precise geo-location data.<\/p>\n
The EU Parliament approved the law, which were agreed by EU negotiators last year, with a large majority.<\/p>\n
The law needs formal approval from EU countries \u2014 a process that typically waves through pre-agreed deals on laws \u2014 before it can enter into force. Once that happens, large companies would have 18 months to comply, and smaller firms 24 months.<\/p>\n
Companies that fail to comply could fare fines of up to 4% of a company\u2019s turnover in an EU member state. EU countries will carry out compliance checks to enforce the rules. (*)<\/p>\n
Source: bangkokpost.com\/Reuters<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"BRUSSELS – The European Parliament approved a landmark deforestation law on Wednesday, 19 April 2023, to ban imports into the European Union (EU) of coffee, beef, palm oil, soy and other commodities if they are linked to the destruction of the world\u2019s forests.<\/p>\n","protected":false},"author":1,"featured_media":21906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-26307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\n
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The legislation, preliminarily agreed between\u00a0MEPs and EU and set to be approved by the European parliament at a plenary vote in late March, is\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/07\/welfare_moderndiplomacy.eu_.jpg?fit=812%2C444&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/07\/welfare_moderndiplomacy.eu_.jpg?fit=812%2C444&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/07\/welfare_moderndiplomacy.eu_.jpg?fit=812%2C444&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/07\/welfare_moderndiplomacy.eu_.jpg?fit=812%2C444&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22428,"url":"https:\/\/gapki.id\/en\/news\/2022\/12\/09\/eu-deforestation-rule-blatantly-ignores-social-justice\/","url_meta":{"origin":26307,"position":4},"title":"EU Deforestation Rule Blatantly Ignores Social Justice","author":"admin","date":"December 9, 2022","format":false,"excerpt":"The so-called trilogue discussions aim to agree the final text of the regulation, which was approved by the EU Parliament in September. The new law would make it obligatory for companies to verify that goods sold in the EU have not been produced on deforested or degraded land anywhere in\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_tree_kelapasawit.png?fit=862%2C483&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_tree_kelapasawit.png?fit=862%2C483&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_tree_kelapasawit.png?fit=862%2C483&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/12\/palmoil_tree_kelapasawit.png?fit=862%2C483&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22045,"url":"https:\/\/gapki.id\/en\/news\/2022\/10\/05\/eu-widens-scope-of-deforestation-free-products\/","url_meta":{"origin":26307,"position":5},"title":"EU Widens Scope of Deforestation-Free Products","author":"admin","date":"October 5, 2022","format":false,"excerpt":"The European Parliament voted on 13 September 2022 to adopt its position in relation to the European Commission\u2019s proposed regulation on deforestation-free products. The European Parliament\u2019s position would widen the scope of commodities and products covered by the regulation, and subject financial institutions to additional due diligence requirements to ensure\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_asiatimes.com_oilpalm.jpg?fit=778%2C469&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_asiatimes.com_oilpalm.jpg?fit=778%2C469&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_asiatimes.com_oilpalm.jpg?fit=778%2C469&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/palmoil_asiatimes.com_oilpalm.jpg?fit=778%2C469&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/deforestation_policy_researchgate.net_.jpg?fit=968%2C548&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/26307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=26307"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/26307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/21906"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=26307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=26307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=26307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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