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ARTICLE · 14 JUNE 2023

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European Union Publishes Deforestation Regulation

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On 31 May 2023, the European Parliament (the "EP") and the Council of the European Union (the "Council") adopted Regulation (EU) 2023/1115 on the making available...

European UnionEnvironment

On 31 May 2023, the European Parliament (the"EP") and the Council of the European Union (the"Council") adopted Regulation (EU) 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest degradation and repealing Regulation (EU) No 995/2010 (the "Deforestation Regulation" or the "Regulation").1The Regulation was published in the Official Journal of the European Union on 9 June 2023 and will enter into force on 29 June 2023, although the main prohibitions and obligations will not apply until 30 December 2024.

The Deforestation Regulation is aimed at (a) minimising the Union's contribution to deforestation and forest degradation worldwide, and thereby contributing to a reduction in global deforestation, and (b) reducing the Union's contribution to greenhouse gas emissions and global biodiversity loss.

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