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EU poised to delay landmark deforestation rule for one year

Bloomberg
Bloomberg • 2 min read
EU poised to delay landmark deforestation rule for one year
The EU Deforestation Regulation (EUDR) was slated to take effect Dec 30. The delay will now need the sign-off of both the European Parliament and 27 member states. Photo: Bloomberg
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The European Commission will propose a delay of its landmark law to tackle deforestation globally, submitting to immense pressure from commodity-producing countries and industry. 

The move is the latest sign of backlash over the reach of its environmental program. The bloc has put forward a draft amendment to postpone by 12 months the rules that aim to curb the portion of deforestation the European Union is responsible for through its imports of key commodities, like coffee, cocoa, soy and beef, according to people familiar with the matter.

The EU Deforestation Regulation (EUDR) was slated to take effect Dec 30. The delay will now need the sign-off of both the European Parliament and 27 member states.

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