Need a morning coffee? Or are you more of a chocolate person?
Both of these beloved commodities, along with others, might soon face turbulent times affecting everyone in the supply chain – from landowners, producers and consumers in Europe and beyond.
You might wonder what this has to do with our forestry digitalization product. The reality is that the upcoming EUDR (European Union Deforestation Regulation) doesn’t just impact coffee and chocolate. It also extends to palm oil, cattle, soy, timber, and rubber.
What is the EUDR Trying to Achieve?
Europe aims to ensure that only deforestation-free and legal products enter and exit the European Union. This regulation, effective from December 30, 2024, applies to all products placed on the market. For small businesses, the deadline extends to June 30, 2025. However, larger companies must comply sooner, pressuring upstream supply chain, a process that might already be underway as some of you might have already noticed.
Current Challenges and Potential Delays
Currently, there’s significant postponement pressure from both the U.S. and within the European Union’s Committee on the Environment, Public Health, and Food Safety. While the EUDR’s goals might be noble, the question remains whether we are ready for its implementation or if a delay is inevitable.
At Pantiko, we are closely monitoring these developments. Regardless of the outcomes, we are committed to providing robust solutions through our software to help your business navigate these changes seamlessly.
Stay tuned as we continue to update and support our clients through this regulatory evolution.
Check also our newest post about EUDR in practice for wood log traders and sawmills.
Sources:
- https://www.foodnavigator-asia.com/Article/2024/07/15/eudr-faces-strong-internal-postponement-pressures-amidst-urgent-commodity-trade-concerns
- https://palmoilmonitor.org/2024/06/28/epp-says-commission-must-absolutely-delay-eudr-bureaucratic-monster/
- https://www.peter-liese.de/en/32-english/press-releases-en/4203-commission-must-postpone-deforestation-regulation-and-then-fundamentally-revise-it
- https://cekin.si/novice/potrosnik/cene-kave-se-bodo-zaradi-grozljivih-pravil-eu-verjetno-se-naprej-zvisevale.html
- https://green-business.ec.europa.eu/deforestation-regulation-implementation_en