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’s Anti-Deforestation Law Targets High-Risk Nations
    Commodities

    EU’s Anti-Deforestation Law Targets High-Risk Nations

    May 22, 20251 Min Read


    The European Union’s groundbreaking anti-deforestation law will focus its strictest checks on commodities from four ‘high-risk’ countries: Belarus, Myanmar, North Korea, and Russia. Announced by the European Commission, the legislation aims to curb deforestation by imposing due diligence requirements on companies importing goods such as soy, beef, and coffee into the EU.

    Brazil and Indonesia, despite their high historical deforestation rates, will be classified as ‘standard risk’ and subject to lighter compliance checks. The law, faced with opposition from these countries, requires companies to demonstrate that their products were not grown on deforested land post-2020.

    Giulia Bondi of Global Witness, while critiquing the selective strictness, emphasizes the law’s potential power to combat deforestation. Large firms must comply by 2025, while smaller companies have until mid-2026, under penalty of fines reaching 4% of turnover in EU countries.

    (With inputs from agencies.)



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    British Gas, EDF, E.on, Octopus customers urged to claim energy help worth up to £2,000 this winter

    Commodities

    When to take energy meter reading before Ofgem price cap rises to £1,758

    Commodities

    French agricultural unions open to a Christmas truce amid protests

    Commodities

    Types, Risks, and Market Dynamics

    Commodities

    Can you get free energy on Christmas Day?

    Commodities

    Bangkok Post – Agricultural economy to grow despite headwinds

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    Les bons du Trésor américain n’ont plus la cote

    Investments

    Les Giants gardent Bonds | RDS.ca

    Precious Metal

    A-Mark Precious Metals Sets Fiscal Fourth Quarter and Full Year 2024 Earnings Call for Thursday, August 29, at 4:30 p.m. ET

    Editors Picks

    Euro 2024: Jesús Navas confirms Spain retirement after final

    July 14, 2024

    UK energy bills may increase ‘under new means testing’ as wealthy asked to pay more

    July 31, 2025

    Nutmeg State Financial Credit Union Launches Alkami as Digital Banking Partner for Retail Banking Capabilities – FF News

    October 16, 2024

    From planting to building ecosystems, China’s agricultural heritage evolves through modern means

    November 2, 2025
    What's Hot

    2050, un horizon forcément sombre pour l’agriculture française ?

    April 10, 2025

    Fewer Hong Kong seniors buy Silver Bonds in latest US$6.4 billion sale

    October 14, 2024

    Lithium mine pits clean energy against rare native plant

    July 18, 2024
    Our Picks

    Next Big Crypto: Dawgz AI

    February 19, 2025

    Overseas Chinese students learn about agricultural culture at summer camp

    August 6, 2024

    BABYMETAL Announce Return to Europe in May 2025

    October 25, 2024
    Weekly Top

    Understanding Bullet Loans and Bonds: Key Concepts Explained

    December 19, 2025

    Hong Kong Issues One Of The Biggest Digital Green Bonds

    December 19, 2025

    Copper price nears $12,000 as base metals stage broad rally

    December 19, 2025
    Editor's Pick

    How to Understand Market Cycles in Cryptocurrency

    March 26, 2025

    Cristiano Ronaldo’s ‘opportunity’ that would delay his retirement for four years

    December 4, 2025

    U.S. Cryptocurrency Regulation Shifts with Political Sentiment

    August 6, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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