The European Commission’s plan to counter deforestation associated with certain imported agricultural products was unveiled on November 17, 2021. One third of global deforestation is linked to international trade, and the European Union (plus the UK) is estimated to have an annual “footprint” of about 200,000 hectares, or 16% of global trade-related deforestation. The Commission’s proposal provides that before placing a product on the European market, each company must ensure that it is not linked to a territory that has been deforested after December 31, 2020, by geolocating the parcels from which ...
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