Soy giants quietly prepare for EU deforestation law; impacts still uncertain

Mongabay
Mongabay
16h ago 2 views
Major soy traders are gearing up for the EU's Deforestation Regulation, which requires proof that products are not linked to deforestation. The readiness of these companies is crucial for environmental compliance.
Soy giants quietly prepare for EU deforestation law; impacts still uncertain
A What happened
With the European Union's Deforestation Regulation (EUDR) set to be implemented, major soy traders are reportedly ready to comply with its requirements. The EUDR mandates that companies demonstrate their products are not sourced from areas deforested after 2020. Despite some traders declining to comment on their preparations, experts indicate that many are operationally prepared. Certification bodies like ProTerra are assisting in aligning standards with the EUDR. However, concerns remain about the regulation's focus on forest ecosystems, leaving non-forest areas vulnerable. The EUDR's implementation is seen as a critical step in promoting sustainable practices in the soy industry, but experts caution that it may not address all environmental issues.
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Key insights

  • 1

    EUDR Implementation Date Delayed

    The EUDR's implementation has been postponed to allow companies more preparation time.

  • 2

    Certification Bodies Crucial

    Organizations like ProTerra are vital in helping soy traders meet EUDR standards.

  • 3

    Concerns Over Non-Forest Ecosystems

    The EUDR's focus on forests may neglect critical non-forest ecosystems.

  • 4

    Corporate Readiness

    Many major soy traders claim to be operationally prepared for EUDR compliance.

Takeaways

The readiness of soy traders for the EU's Deforestation Regulation is a positive sign for sustainable agriculture, but the regulation's limitations highlight the need for broader environmental protections.

Topics

Agriculture Policy & Regulation Climate Change