Deforestation Regulation (EUDR)
The EU Deforestation Regulation EUDR (2023/1115) is a law that aims to minimize the EU's contribution to deforestation and forest degradation worldwide.
The regulation entered into force on 29/06/2023 and will be required from 30/12/2024 for all economic entities and large traders. Economic entities and traders who introduce and supply to the EU market or export from this market commodities that cause deforestation are obliged to implement a system of due diligence.
The EUDR aims to reduce greenhouse gas emissions and biodiversity loss associated with the expansion of agricultural land for high-impact commodities. An area larger than the European Union was deforested between 1990 and 2020, with EU consumers responsible for around 10% of the loss.
Key elements of the Regulation
Economic entities and traders (natural and legal persons) who introduce and supply to the EU market or export from this market commodities that cause deforestation (cattle, cocoa, coffee, oil palm, rubber, soy and wood + products thereof) must spend a reasonable care (so-called due diligence) in order to ensure agreement with the EUDR. Before placing any product on the EU market, the company must submit a due diligence declaration - including details of the company, the products concerned, the quantities and geographical locations of any land on which the commodities were produced - stating that there is no or only a negligible risk of non-compliance.
Satellite solution
SPACETREES can automatically verify GPS coordinates for importing companies, manufacturers and traders, whether there has been deforestation and confirm approval for placing goods on the EU market.
Due care: What is needed ?
In general , economic operators (and non-SME traders) will need to establish and maintain a three-step due diligence system.
1. Collection of information on product, quantity, geographic location, legality and deforestation
2. Carrying out a risk assessment
3. Mitigation of risks