European Union Anti-Deforestation Regulation (EUDR)
What is EUDR?
The EU Deforestation Regulation is a legislative initiative designed to address the significant environmental and social challenges posed by deforestation and forest degradation, particularly in relation to imported goods such as agricultural commodities and timber products. This regulation aims to combat deforestation by establishing a framework to ensure that the products placed on the EU market are produced in a sustainable manner that respects forest ecosystems and indigenous rights.
Implementation of EUDR
Under the EU Deforestation Regulation, companies importing certain high-risk commodities, such as soy, palm oil, beef and cocoa, are required to conduct due diligence to ensure that these products are not linked to deforestation or associated human rights abuses. This due diligence process involves assessing and mitigating the risks of deforestation and related issues throughout the supply chain. Importers must demonstrate that the products they trade comply with environmental and social standards, including those pertaining to land use, biodiversity conservation, and indigenous rights.
The EU Deforestation Regulation represents a crucial step towards promoting sustainable supply chains and combating global deforestation, which is a leading driver of climate change and biodiversity loss. The regulation aims to support the EU’s commitment to international climate and biodiversity goals, as well as promote sustainable development and ethical trade practices globally.
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