EU Deforestation Regulation (EUDR)
EU Deforestation Regulation (EUDR):
The EU Deforestation Regulation (EUDR) aims to reduce the EU’s impact on global deforestation and forest degradation.
The regulation which entered into force in 2023 applies to commodities linked to deforestation, such as palm oil, palm stearin, palm olein, fatty acid, glycerine, among others.
Operators and traders must prove that their products do not originate from recently deforested land or contribute to forest degradation.
The regulation will be fully applicable by December 30, 2025, for large and medium companies, and by June 30, 2026, for micro and small enterprises.