Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»EU anti-deforestation law appears to exclude major deforestation hotspots – GW reaction
    Commodities

    EU anti-deforestation law appears to exclude major deforestation hotspots – GW reaction

    May 13, 20252 Mins Read


    Reacting to reports that the EU has finalised the ‘benchmarking’ criteria for countries under its anti-deforestation law, Giulia Bondi, senior EU campaigner at Global Witness said:

    “The benchmarking system reportedly agreed looks set to fall short – with countries like Brazil and Paraguay not categorised as ‘high risk’, despite the deforestation crisis consuming climate-critical forests like the Amazon and Gran Chaco.

    “But this benchmarking method, flawed as it may be, should not lead to complacency. Even when trading in products produced in a ‘low-risk’ country, companies must still prove their supply chains are free from deforestation and human rights abuses.

    “The anti-deforestation law is still a huge and hard-won step forward for EU consumers and climate action – now we need a strong start to implementation to begin to shut the door on dirty commodities in Europe for good.”

    The benchmarking system ranks countries as high, standard, or low risk, with forest-risk products from high-risk countries needing to undergo a higher number of checks by EU law enforcement to ensure commodities placed on the EU market are not produced from deforested land.

    Goods in scope of the EUDR from countries classified as low risk will not be exempt from the law, and companies will face the same data collection obligations and need to comply with the law overall, however, they will face fewer checks if identified from low-risk countries.

    Companies must now prepare to comply with the EUDR, which is set to enter into application at the end of 2025.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Graspop Metal Meeting 2025 : Iron Maiden en grande forme, vampires, monstre et grand soleil

    Commodities

    Ghana’s agricultural export could be at risk

    Commodities

    Smartphone, tablettes… tout savoir sur la nouvelle étiquette énergie et ce que ça change pour vos achats

    Commodities

    Programmation de l’énergie 2025-2035 Proposition de loi Gremillet

    Commodities

    L’étiquette énergie arrive pour les smartphones : qu’est-ce qui change ?

    Commodities

    Comment lire la nouvelle étiquette énergie pour les smartphones

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Trending Cryptocurrency Tokens on Avalanche Chain Today – InkFinance, Elk, Benqi

    Investments

    5 Best Neighborhoods in Kuala Lumpur to Buy Property

    Cryptocurrency

    Cryptocurrency Market Update: Ethereum ETF, SHIB, BTC, and RUNE Trends

    Editors Picks

    UK property becoming safe haven by default

    April 27, 2025

    les fondamentaux de l’or restent bons

    September 4, 2007

    Vitesse Energy (VTS) Matches Q2 Earnings Estimates

    August 5, 2024

    Someone has recorded a heavy metal tribute to the Hawk Tuah Girl

    July 16, 2024
    What's Hot

    Belararox achève la première phase des travaux sur le terrain dans le cadre du projet Botswana Copper Belt ; les actions chutent de plus de 11 %.

    March 31, 2025

    Massive Massachusetts Meat Recall Due To Dangerous Metal

    August 24, 2024

    The copper tradeoff: Protecting today’s lands versus preserving tomorrow’s climate

    August 27, 2024
    Our Picks

    Stepping Up For The Unbanked

    October 14, 2024

    Cred: Fintech firm Cred receives BBPS customer operating unit certification

    August 23, 2024

    Springfield police warn of cryptocurrency scams

    August 7, 2024
    Weekly Top

    Regal Investments Commits $30 Million to Cryptocurrency Prop Trading Initiative

    June 20, 2025

    L’intégrale de C’est Votre Argent du vendredi 20 juin

    June 20, 2025

    Couchbase rachetée par Haveli Investments pour 1,5 milliard de dollars : le titre s’envole

    June 20, 2025
    Editor's Pick

    Meme coins remain unpredictable cryptocurrency

    February 27, 2025

    Father and son duo propel Astoria-based real estate agency to continued ‘Best of the Boro’ success

    August 6, 2024

    Supply of commodities to be ensured within a week: Adviser Bashir

    February 28, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.