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ARTICLE · 22 AUGUST 2023

EU Adopts New Regulation To Reduce Global Deforestation

Gorrissen Federspiel
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On 29 June 2023, the new EU Deforestation Regulation (EUDR) enters into force. The Regulation requires EU companies to ensure that certain products they sell in the EU or export...

European UnionEnvironment

On 29 June 2023, the new EU Deforestation Regulation (EUDR) enters into force. The Regulation requires EU companies to ensure that certain products they sell in the EU or export from the EU are not connected to deforestation. The EUDR is a significant step towards protecting forests and reducing the impact of the EU market on global forest degradation. The protection measures are extensive and affected companies will need to enact thorough due diligence procedures to ensure compliance.

Overview of the new rules

The new Regulation lays down rules for seven specific commodities: cattle, cocoa, coffee, palm oil, rubber, soya and wood, including products made with or containing these commodities. The rules will be applicable to companies involved in the commercial activity of placing these products on the EU market or making them available for export. The main obligations target non-SME companies, while SME companies are permitted certain exemptions from the rules.

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