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ARTICLE · 26 MAY 2023

New EU Deforestation Regulation And The Challenges In Its Implementation

Jones Day
Jones Day
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Following the political agreement between the European Commission, the European Council, and European Parliament in December 2022, the European Council formally adopted the EU Deforestation...

European UnionGovernment, Public Sector

In Short

The Situation: The European Union ("EU") has adopted a new regulation designed to tackle deforestation and forest degradation in the EU and globally by preventing European citizens from buying, using, and consuming products that are not deforestation-free.

The Result: Once the new regulation enters into force—there is a short grace period of 18 months for larger companies and 24 months for smaller companies—covered companies need to ensure that the covered products that they import and export into and out of the EU are deforestation-free, have been produced in accordance with applicable laws, and are covered by a specific due diligence statement.

Looking Ahead: Companies that will need to comply with the new regulation are well-advised looking now to see if they have the necessary procedures in place to avoid liability under the new regulation. At the same time, they need to ensure that any action they perform in this context does not conflict

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