Industry pressure stalls EU anti-deforestation law rollout; NGOs call delay 'an act of nature vandalism'

Quick Summary:

After sustained pressure from commodity producers and resistance from its own members, the EU Commission decided to postpone a law banning the import of commodities linked to forest loss for 12 months.

Palm oil groups welcomed the news.

Conservation group Mighty Earth said it was “aghast” by the decision taken by European Commission president Ursula von der Leyen to shelve the bill and accused European policymakers of submitting to agribusiness lobbyists.

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Article Details

Author / Journalist: Robin Hicks

Category: EconomyBusiness

Markets: SingaporeBrazilIndonesiaMalaysia

Topics: Forests Palm oil Deforestation Sustainable development Global warming

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 01:36:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 822 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 22900834

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Main Topics: EconomyBusiness

Official Website: eco-business.com

Year Established: 2009

Headquarters: Singapore

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