To determine the fate of the palm oil industry, experts predict three EUDR scenarios

Published 2024년 11월 8일

Tridge summary

Adjunct Professor Pietro Paganini from John Cabot University of Rome forecasts three scenarios for the European Union's Deforestation-free Regulation (EUDR) ahead of the November 2024 parliamentary vote, including possible postponements and approvals with amendments. The EU is seeking to establish a multi-stakeholder forum to increase transparency and cooperation, while facing challenges in implementation across EU countries due to factors such as lack of harmonization, incomplete supply chain data, and potential conflicts with international regulations. From the article, it is clear that the EUDR is a complex issue with significant implications for global agriculture and forestry, requiring careful consideration and collaboration to successfully implement.

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Original content

Adjunct Professor John Cabot University of Rome, Pietro Paganini, predicts three scenarios for the implementation of the European Union on Deforestation-free Regulation (EUDR) ahead of the EU parliamentary vote on November 14, 2024. ADVERTISEMENT The first scenario is that the postponement until December 30, 2025 is approved and can provide more preparation time. Meanwhile, the second is that the postponement is rejected and still implemented on December 30, 2024, requiring immediate action. And third, approval with amendments that can produce new dates and requirements. Also Read: Deputy Minister of Agriculture Sudaryono: Palm Oil is Like a Goose Laying Golden Eggs Meanwhile, both France and Germany, supported by non-governmental organizations, oppose a longer postponement. In this case, international support is needed through partnerships with producer countries and initiatives such as the Team Europe Initiative (TEI) for technical assistance. To enhance international dialogue, ...

Source: Wartaekonomi