EU Deforestation Law: Parliament Wants to Give Companies One More Year to Comply
Brussels, 14.11.2024 – The European Parliament has voted in favour of giving companies an additional year to comply with the EU’s new deforestation law. The law, which was adopted in June 2023, is designed to reduce the EU’s contribution to global deforestation.
The amendment, which was adopted by a large majority, would extend the deadline for companies to comply with the law from December 31, 2024, to December 31, 2025. The European Commission, which proposed the law, had originally suggested a deadline of December 31, 2023, but this was rejected by the Parliament.
The European Parliament’s decision to extend the deadline is a sign of the concerns that some businesses have about the law. Some companies have argued that they need more time to prepare for the new requirements, while others have said that the law is too burdensome.
The European Commission has said that it is disappointed with the Parliament’s decision, but it will work to implement the law as soon as possible. The Commission has also said that it will continue to work with companies to help them comply with the law.
The EU’s deforestation law is one of the most ambitious pieces of environmental legislation ever passed. The law is designed to reduce the EU’s contribution to global deforestation by requiring companies to prove that the products they sell are not linked to deforestation.
The law is expected to have a significant impact on the way that companies source their products. Many companies are already working to comply with the law, and some have even pledged to go beyond the requirements of the law.
The EU’s deforestation law is a major step forward in the fight against deforestation. The law is expected to help reduce the EU’s contribution to global deforestation, and it could also help to promote more sustainable land use practices around the world.
Press release – EU deforestation law: Parliament wants to give companies one more year to comply
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