How does the EU plan to ban deforestation-related products?

Published 2021년 11월 17일

Tridge summary

The European Commission has announced new rules to ban the sale of agricultural products from areas destroyed or where deforestation has occurred, as part of the European Green Agreement. The initial list of products includes soy, beef, palm oil, cocoa, and coffee, and the regulation will apply to all stages of the supply chain. Companies will be required to provide detailed information on the farm or plantation of origin to demonstrate compliance. Non-compliant products will be banned from the European single market, and penalties such as environmental damage fines, goods confiscation, and sale proceeds seizure may be imposed. The regulation will initially apply to six products and may be expanded to others.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As another step in curbing the accelerating pace of man-made climate change, Brussels has focused on chocolate, coffee and leather clothing. Under new rules unveiled on Wednesday, the European Commission plans to ban the sale of agricultural products from exterminated and destroyed areas. The initial list of targeted foods includes soy, beef, palm oil, cocoa and coffee, and wood. The move, designed in line with the European Green Agreement, is an attempt to ensure that forests around the world remain intact and continue to sequester carbon as they grow. While forests are often referred to as the lungs of the earth, the mismanagement of forests and their exploitation is one of the main drivers of global warming. When a company extracts a forest or drains a wetland in order to provide space for cattle breeding or timber extraction, the felled trees release the carbon they store back into the atmosphere. The Intergovernmental Panel on Climate Change (IPCC) estimates that 23 percent ...
Source: HuEuroNews

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