The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market timber, coffee, beef, soy and other commodities linked to deforestation around the world. The law will require companies to produce a due diligence statement showing their supply chains are not contributing to the destruction of forests before they sell goods into the EU - or they could face hefty fines. "I hope that this innovative regulation will give impetus to the protection of forests around the globe and inspire other ...
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