European commission proposes year-long delay to key deforestation regulation
Posted on October 4, 2024 |
The European Commission plans to delay the enforcement of a law banning imports linked to deforestation by one year, in response to concerns from industries and governments worldwide.
The law is seen as a big step in fighting climate change, but countries like Brazil and Malaysia argue it could block small farmers from selling to the EU.
Industries warn that the EU deforestation law could disrupt supply chains and increase European prices.
The delay proposal still needs approval from the European Parliament and EU member countries.
After months of protests from farmers over green policies and cheaper imports, EU leaders have relaxed some environmental rules this year.
The delay aims to address both international and local concerns while still considering environmental goals.