The China Mail - EU proposes new delay to anti-deforestation rules

USD -
AED 3.672965
AFN 65.999823
ALL 81.973818
AMD 378.00985
ANG 1.79008
AOA 916.511164
ARS 1442.469496
AUD 1.434278
AWG 1.80125
AZN 1.699162
BAM 1.658807
BBD 2.01469
BDT 122.336816
BGN 1.67937
BHD 0.376973
BIF 2964.288592
BMD 1
BND 1.274003
BOB 6.911584
BRL 5.251601
BSD 1.000305
BTN 90.399817
BWP 13.243033
BYN 2.865297
BYR 19600
BZD 2.011721
CAD 1.367115
CDF 2224.999817
CHF 0.776805
CLF 0.021856
CLP 863.009886
CNY 6.94215
CNH 6.934675
COP 3676.17
CRC 495.911928
CUC 1
CUP 26.5
CVE 93.521
CZK 20.552402
DJF 177.719721
DKK 6.326605
DOP 63.127629
DZD 129.973054
EGP 46.981498
ERN 15
ETB 155.859732
EUR 0.84726
FJD 2.207598
FKP 0.732184
GBP 0.737655
GEL 2.689985
GGP 0.732184
GHS 10.98271
GIP 0.732184
GMD 73.502091
GNF 8779.176279
GTQ 7.672344
GYD 209.27195
HKD 7.813565
HNL 26.422344
HRK 6.385297
HTG 131.225404
HUF 321.370501
IDR 16868
ILS 3.119945
IMP 0.732184
INR 90.26125
IQD 1310.388112
IRR 42125.000158
ISK 122.679683
JEP 0.732184
JMD 156.449315
JOD 0.708986
JPY 156.790501
KES 129.04009
KGS 87.450416
KHR 4037.199913
KMF 416.999986
KPW 900.030004
KRW 1464.645025
KWD 0.30738
KYD 0.833598
KZT 493.342041
LAK 21499.694667
LBP 89579.400015
LKR 309.548446
LRD 186.059136
LSL 16.159927
LTL 2.95274
LVL 0.60489
LYD 6.336511
MAD 9.181029
MDL 16.999495
MGA 4425.634414
MKD 52.243296
MMK 2099.783213
MNT 3569.156954
MOP 8.049755
MRU 39.901106
MUR 46.040016
MVR 15.45987
MWK 1734.461935
MXN 17.38677
MYR 3.94699
MZN 63.759665
NAD 16.159927
NGN 1368.070025
NIO 36.809608
NOK 9.75406
NPR 144.639707
NZD 1.670341
OMR 0.384513
PAB 1.000314
PEN 3.362397
PGK 4.348453
PHP 58.765016
PKR 280.076588
PLN 3.57705
PYG 6605.373863
QAR 3.645678
RON 4.314401
RSD 99.47298
RUB 76.750352
RWF 1459.984648
SAR 3.750122
SBD 8.064647
SCR 13.712043
SDG 601.500193
SEK 9.01919
SGD 1.273205
SHP 0.750259
SLE 24.549692
SLL 20969.499267
SOS 570.633736
SRD 37.869854
STD 20697.981008
STN 20.779617
SVC 8.752036
SYP 11059.574895
SZL 16.152192
THB 31.761025
TJS 9.362532
TMT 3.505
TND 2.89846
TOP 2.40776
TRY 43.539165
TTD 6.773307
TWD 31.651501
TZS 2585.000268
UAH 43.163845
UGX 3570.701588
UYU 38.599199
UZS 12269.30384
VES 377.98435
VND 25970
VUV 119.687673
WST 2.726344
XAF 556.374339
XAG 0.01318
XAU 0.000206
XCD 2.70255
XCG 1.802745
XDR 0.691101
XOF 556.348385
XPF 101.150088
YER 238.324994
ZAR 16.1985
ZMK 9001.195771
ZMW 18.580528
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    -0.0100

    23.51

    -0.04%

  • JRI

    -0.0700

    13.08

    -0.54%

  • RIO

    -4.2400

    92.24

    -4.6%

  • NGG

    -0.8100

    86.98

    -0.93%

  • BCC

    -1.6400

    88.59

    -1.85%

  • BCE

    -0.8850

    25.455

    -3.48%

  • GSK

    2.1100

    59.34

    +3.56%

  • RYCEF

    -0.0600

    16.62

    -0.36%

  • BTI

    0.4750

    62.105

    +0.76%

  • CMSD

    -0.0400

    23.83

    -0.17%

  • RELX

    0.4280

    30.208

    +1.42%

  • BP

    -0.9650

    38.235

    -2.52%

  • VOD

    -1.0100

    14.7

    -6.87%

  • AZN

    1.0550

    188.505

    +0.56%

EU proposes new delay to anti-deforestation rules
EU proposes new delay to anti-deforestation rules / Photo: © AFP

EU proposes new delay to anti-deforestation rules

The EU said Tuesday it will seek a new one-year delay to sweeping anti-deforestation rules cheered by green groups but assailed by key trading partners from the United States to Indonesia.

Text size:

The bill, which bans imports of products driving deforestation, is currently set to take effect at the end this year, but the European Commission said the supporting system was not ready.

It would be the second postponement on implementing the law, which was passed in 2023 and was originally due to take effect in late 2024, before being delayed to late 2025.

"We have concluded that we cannot meet the original deadline without causing disruptions to our businesses and supply chains," commission spokesman Olof Gill told a press conference in Brussels.

The European Union executive will as a result push to delay the law's entry into force by one more year, to late 2026, he added. The postponement has to be approved by member states and the European Parliament.

The move is set to bring renewed scrutiny to the EU's commitment to a greener future, which has come under increased pressure from governments and industry over the past year.

It came hours after the commission struck a free-trade deal with Indonesia, a prominent critic of the law -- although environment commissioner Jessika Roswall said the two developments were "not linked at all".

The deforestation law was hailed by environmental groups when it was adopted as a major breakthrough in the fight to protect nature and combat climate change.

It prohibits a vast range of goods -- from coffee to cocoa, soy, timber, palm oil, cattle, printing paper and rubber -- if produced using land that was deforested after December 2020.

Firms importing the merchandise in question to the 27-nation EU will be responsible for tracking their supply chains to prove goods did not originate from deforested zones, relying on geolocation and satellite data.

But the ban has faced opposition from trading partners, including Brazil and the United States, and some EU capitals, amid concerns over red tape, costs and lack of clarity over some aspects of the law.

Partially because of this, its entry into force was pushed back by 12 months a first time in 2024.

- 'Wider battle' -

The commission said the new delay had to do with "serious capacity concerns regarding the IT system" designed to support implementation of the rules, saying more time was needed to get it running smoothly.

"Given the projected load, the Commission will therefore seek a postponement... in order to avoid uncertainty for authorities and to avoid operational difficulties for companies," Gill said.

The push comes as climate has increasingly taken a back seat in Brussels, with global trade tensions and the war in Ukraine shifting the focus to industry and defence -- something that was not lost on green groups.

"This is part of a wider battle: between those who want to protect the natural world and the life systems which depend on it, and those intent on destroying it, often driven by narrow self-interest," said Nicole Polsterer, of environmental group Fern.

"Every day this law is delayed equates to more forests razed, more wildfires and more extreme weather."

Critics of the law say it imposes an excessively heavy administrative burden on farmers and companies.

But WWF, another environmental group, said a new delay would lead to "massive stranded costs" for all firms that had already invested in complying with the new rules.

"If this technical issue is real, this shows not only incompetence, but also a clear lack of political will to invest sufficiently in a timely implementation," said Anke Schulmeister-Oldenhove, WWF's forest policy manager.

B.Clarke--ThChM