Finance

EU finalises 12-month delay of deforestation law

Published by Global Banking & Finance Review

Posted on December 18, 2024

2 min read

· Last updated: January 27, 2026

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EU Council meeting on deforestation law delay - Global Banking & Finance Review
This image captures the EU Council's meeting, where officials approved a 12-month delay of the anti-deforestation law, impacting imports of key commodities. The decision reflects ongoing tensions between environmental policies and trade relations.
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By Kate Abnett BRUSSELS (Reuters) - European Union countries on Tuesday gave their final approval to delay the bloc's anti-deforestation law by 12 months, allowing the postponement to now pass into

EU Postpones Deforestation Law Implementation to 2025

By Kate Abnett

BRUSSELS (Reuters) - European Union countries on Tuesday gave their final approval to delay the bloc's anti-deforestation law by 12 months, allowing the postponement to now pass into law, the Council of the EU said in a statement.

The sign-off from governments finalises a December 2025 start date for the EU's policy to ban the import of soy, beef, coffee, palm oil and other goods linked to the destruction of forests - which had originally been designed to apply this month.

The delay to the world-first deforestation policy is a blow to the EU's green agenda, which is facing pushback from industries and some governments that say EU measures to fight climate change are too onerous.

But it offers relief to companies and EU trading partners including the United States and Brazil, which oppose the policy and warn it will upend trade as many firms struggle to comply.

The EU law, initially due to take effect from Dec. 30, 2024, will require companies and traders also placing wood, cocoa, rubber and some derived products like chocolate and furniture onto the EU market to provide proof their supply chain does not contribute to deforestation, or face fines and potentially have their products turned away.

Companies exporting commodities from Europe would face the same obligations.

(Reporting by Charlotte Van Campenhout. Editing by Sudip Kar-Gupta and Mark Potter)

Key Takeaways

  • EU delays deforestation law by 12 months.
  • New start date set for December 2025.
  • Law affects imports like soy, beef, and coffee.
  • Pushback from industries and governments.
  • Compliance required to avoid fines.

Frequently Asked Questions

What is the main topic?
The EU's decision to delay its deforestation law by 12 months, impacting trade and climate policies.
Why was the deforestation law delayed?
The delay is due to pushback from industries and some governments who find the measures too onerous.
What products are affected by the law?
The law affects imports like soy, beef, coffee, palm oil, wood, cocoa, and rubber.

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