By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: EU DECODED: Deforestation law’s trade-offs under negotiation
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > World News > EU DECODED: Deforestation law’s trade-offs under negotiation
World News

EU DECODED: Deforestation law’s trade-offs under negotiation

By Viral Trending Content 4 Min Read
Share
SHARE

Can the goods we buy and the services we use affect the survival of the rainforest? The EU thinks so and this episode explores its new law on deforestation, which is provoking a backlash from companies and countries who are negotiating over how to delay the application of the new rules.

The new law on deforestation, passed in June last year, will require companies to prove that manufacturing processes and supply chains are not responsible for the destruction of forests, especially tropical forests that are essential for the stability of the climate.

Cattle, cocoa, coffee, palm oil, soy, timber, rubber, coal and paper will only be sold on the EU market if they are not linked to land deforested after 2021.

Some EU Member States, third countries from which the bloc imports and part of the business sector have complained about the costs and bureaucratic issues to be implemented in order to carry out monitoring, so the European Commission proposed delaying entry into force, previewed for December 30, for a year.

The governments of the 27 countries accepted, but when the European Parliament ruled on this postponement, in a vote on November 14, a political controversy broke out.

The centre-right European People’s Party sought the opportunity – with the help of other parties further to the right – to pass amendments attempting to dilute the legislation and create a category of “risk-free” countries that would be exempt those from the new controls. This reflected the views of industrial sectors highly critical of the new rules, though some multinationals have called for swift implementation of the law.

Adapting to the new law could make some products more expensive. Some residents of Madrid (Spain) and Budapest (Hungary) interviewed by Euronews seem to be sensitive to this compromise between preserving nature and having to spend more money in stores.

“I understand that for a family with many members it is more difficult to keep these things in mind, but if you can, and as long as it is within your reach, I believe you should do it,” said a Madrid resident. “To save the planet, I would tolerate a little inflation,” said one of those interviewed in Budapest.

EU credibility at risk?

Anna Cavazzini, president of the Committee on the Internal Market and Consumer Protection in the European Parliament, said the law has put the credibility of the EU as a political decision-maker at risk.

“Companies are preparing, citizens too, and suddenly we say we want to weaken the law or postpone it again. Of course, at the beginning of the process we have to adapt, but then we will have a clear supply chain and companies can easily comply with the law,” said Cavazzini, a German Green MEP.

The new version of the law will now have to go through institutional negotiation with the European Commission, the European Council (which represents the Member States) and the European Parliament.

“Some parties, such as the Social Democrats and the Greens, are calling on the European Commission to withdraw its proposal to postpone implementation,” explains Gregoire Lory, who follows this legislative topic for Euronews.

Our consumption in Europe is said to contributing to 10% of global deforestation. But at what pace do we need to move forward to reverse this situation and are we prepared to pay the price?

Find out more details in the video!

Journalist: Isabel Marques da Silva

Production: Pilar Montero López

Video production: Zacharia Vigneron

Graphism: Loredana Dumitru

Editorial coordination: Ana Lázaro Bosch and Jeremy Fleming-Jones

You Might Also Like

A ‘glass-like’ battlefield: German Army chief on the future of warfare

How the U.S.-Israeli Strikes on Iran Have Damaged Schools and Hospitals

Lebanon Searches for Survivors After Israeli Barrage

Israel’s cabinet instructed ‘to begin direct negotiations’ with Lebanon, Netanyahu says

Watch: Orbán vs Magyar — where do Hungary’s rivals really stand on Europe?

TAGGED: Europe
Share This Article
Facebook Twitter Copy Link
Previous Article Payoneer global's chief accounting officer sells $17,051 in stock
Next Article Why transparency is needed to protect from AI copyright infringement
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?