The European
Regulation 2023/1115 mandates that commodities like
cattle, cocoa, coffee, palm oil, rubber, soy, wood and their
derived products must be
deforestation-free, impacting producers, importers, exporters and traders. This prevents EU consumption from contributing to deforestation and forest degradation, reducing greenhouse gas emissions and biodiversity loss. Consumers will benefit from more sustainable products. The regulation becomes effective on
December 30, 2024,
for large companies, while for
micro and small enterprises, it will become operational on
June 30, 2025.
Find
HERE new updates about the Regulation
.