Euronews: Supply chain disruptions: Are concerns about the EU's new deforestation regulation justified?
"Agriculture accounts for 90% of the world's deforestation. Every two seconds, an area equivalent to the size of a football field is lost.
Deforestation is a global issue primarily linked to the demand and production of goods, such as cocoa and coffee. The European Union is one of the main contributors to this problem.
"The EU is essentially the second-largest importer of deforestation in the world, second only to China, which has a much larger population," says Michael Rice, Value Chains, Trade & Investment Lead at ClientEarth.
The European Commission has therefore introduced a new regulation aimed at restricting products linked to deforestation.
The EU has established a list of products highly associated with deforestation: cocoa, coffee, rubber, palm oil, soy, beef, and wood.
From December 2024, importers and exporters trading with the EU must prove that these goods, or their derived products, do not come from recently deforested areas or cause forest degradation."
I wonder why Euronews cast doubt on whether the new regulations are justified or not. It's obvious that there are justified. I wish they had been implemented 20 years ago already. That would have saved so much of the world's biodiversity. The next step now is for China to introduce similar regulations. I'm not mentioning the US as it's never going to happen there.
