EUDR- new deforestation free regulation and what does it mean for timber businesses?

The European Timber Regulation (EUTR) has been in force for nearly a decade. Now the EU is replacing it with a new regulation targeting timber, as well as other commodities. On 6 December 2022, the EU reached an agreement on a new law -The European Union Deforestation Regulation (EUDR)- to prevent companies from placing commodities linked with deforestation and forest degradation, onto the EU market, or exporting them from the EU. Commodities and products covered The new regulation sets mandatory due diligence rules for Operators – organisations which place specific commodities or products on the EU market or export ...