The Japan Times - Relief in Brazil, Asia over delay to EU deforestation rules

EUR -
AED 4.27542
AFN 76.834966
ALL 92.083024
AMD 422.984342
ANG 2.083613
AOA 1068.709281
ARS 1760.520491
AUD 1.61832
AWG 2.096963
AZN 1.993899
BAM 1.95388
BBD 2.342119
BDT 143.349134
BGN 1.97486
BHD 0.438473
BIF 3472.187953
BMD 1.164171
BND 1.479146
BOB 13.459773
BRL 6.011543
BSD 1.162867
BTN 111.035365
BWP 15.580689
BYN 3.506984
BYR 22817.751468
BZD 2.338722
CAD 1.613139
CDF 2648.489034
CHF 0.936302
CLF 0.027395
CLP 1078.173199
CNY 7.823113
CNH 7.824539
COP 3678.035269
CRC 528.385305
CUC 1.164171
CUP 30.850531
CVE 110.156751
CZK 24.142985
DJF 207.068297
DKK 7.474722
DOP 68.395033
DZD 154.987852
EGP 58.501569
ERN 17.462565
ETB 189.94168
FJD 2.551983
FKP 0.856095
GBP 0.85701
GEL 3.038605
GGP 0.856095
GHS 13.029196
GIP 0.856095
GMD 86.148289
GNF 10220.912223
GTQ 8.874279
GYD 243.280933
HKD 9.127176
HNL 31.269098
HRK 7.5337
HTG 152.13181
HUF 364.529294
IDR 20601.519148
ILS 3.459569
IMP 0.856095
INR 111.114824
IQD 1525.646087
IRR 1600269.447378
ISK 140.201255
JEP 0.856095
JMD 184.611757
JOD 0.825339
JPY 185.798779
KES 150.701925
KGS 101.806469
KHR 4710.236282
KMF 492.444246
KPW 1047.754236
KRW 1597.160811
KWD 0.359473
KYD 0.96906
KZT 538.138117
LAK 26100.713678
LBP 104251.512413
LKR 382.044573
LRD 210.860486
LSL 18.615351
LTL 3.437494
LVL 0.704195
LYD 7.381099
MAD 10.773821
MDL 19.919597
MGA 5047.845168
MKD 61.4646
MMK 2444.493663
MNT 4189.592511
MOP 9.388695
MRU 46.706176
MUR 54.564565
MVR 17.986427
MWK 2022.164626
MXN 19.747361
MYR 4.687068
MZN 74.391248
NAD 18.610951
NGN 1561.513867
NIO 42.748178
NOK 10.849276
NPR 177.656946
NZD 1.957064
OMR 0.447618
PAB 1.162857
PEN 3.901165
PGK 5.163971
PHP 72.476638
PKR 323.173375
PLN 4.332498
PYG 6904.274619
QAR 4.243695
RON 5.258796
RSD 117.294863
RUB 99.566619
RWF 1710.167189
SAR 4.37326
SBD 9.31366
SCR 16.015437
SDG 700.27432
SEK 11.089974
SGD 1.479341
SHP 0.862495
SLE 28.697071
SLL 24412.082743
SOS 664.558369
SRD 43.926472
STD 24095.989108
STN 24.913259
SVC 10.175132
SYP 15136.551145
SZL 18.615707
THB 38.339648
TJS 10.727205
TMT 4.074598
TND 3.372608
TOP 2.803044
TRY 56.165441
TTD 7.893345
TWD 36.781405
TZS 3082.146209
UAH 51.810377
UGX 4366.708926
USD 1.164171
UYU 46.744266
UZS 13748.859198
VES 920.483344
VND 30352.848222
VUV 137.419648
WST 3.154848
XAF 655.324285
XAG 0.016541
XAU 0.000253
XCD 3.146231
XCG 2.095768
XDR 0.823129
XOF 655.318661
XPF 119.331742
YER 275.327359
ZAR 18.605944
ZMK 10478.939277
ZMW 22.12345
ZWL 374.862585
  • JRI

    -0.0400

    12.4

    -0.32%

  • CMSC

    0.0350

    21.31

    +0.16%

  • CMSD

    0.0200

    21.18

    +0.09%

  • BTI

    -1.1600

    56.28

    -2.06%

  • BCE

    -0.0900

    23.4

    -0.38%

  • RYCEF

    -0.1000

    20.75

    -0.48%

  • BCC

    -1.1700

    78.77

    -1.49%

  • RELX

    0.9600

    36.3

    +2.64%

  • RBGPF

    -0.4400

    70.69

    -0.62%

  • RIO

    0.0800

    104.78

    +0.08%

  • BP

    -0.1600

    42.34

    -0.38%

  • VOD

    -0.0600

    15.88

    -0.38%

  • NGG

    -1.1000

    79.43

    -1.38%

  • AZN

    -1.7500

    164.52

    -1.06%

  • GSK

    -1.1600

    50.27

    -2.31%

Relief in Brazil, Asia over delay to EU deforestation rules
Relief in Brazil, Asia over delay to EU deforestation rules / Photo: Yasuyoshi CHIBA - AFP/File

Relief in Brazil, Asia over delay to EU deforestation rules

Brazil's government on Thursday joined Asian palm oil and coffee producers in welcoming a European Union decision to delay implementation of new anti-deforestation rules which had faced strong global pushback.

Text size:

Brazil, the United States and other countries had criticized the law -- which aims to prevent the import of products that drive deforestation -- as being too complex, arguing it would particularly hurt small-scale producers.

It had been due to take effect at the end of 2024 but the European Commission on Wednesday proposed delaying implementation for large companies until the end of 2025.

Small businesses will have until June 2026 to comply.

Welcoming the postponement, Brazil's agriculture ministry told AFP it was the fruit of "international dialogue, in which Brazil had a key role in underlining the concerns of our producers."

The ministry added that Brazil, home to about two-thirds of the Amazon rainforest, huge chunks of which have been felled for agriculture, remained "firmly committed to environmental preservation" and would seek to "ensure fair adaptation to the new European rules."

Asian commodity producers also expressed relief over the extension but environmentalist groups voiced outrage.

Greenpeace declared EU chief Ursula von der Leyen "might as well have wielded the chainsaw herself" to the forests.

The Brazilian Climate Observatory called the extension a "shameful step backwards" which jeopardized the fight against deforestation as the country chokes from the smoke from thousands of fires caused mainly by clearing the Amazon.

"Europe is deliberately renouncing an instrument that could help reduce the pressure on natural ecosystems and carbon dioxide emissions from deforestation," it said in a statement.

The EU's new law requires exporters of timber, cattle, cocoa, soy, palm oil, rubber, coffee -- and items derived from those products -- to certify their goods were not produced on land deforested after December 2020.

The EU is the second-biggest market for the targeted products after China.

Brazil in September asked the EU to postpone the legislation, complaining that the "punitive" rules increased production and export costs, especially for smallholders.

Germany and other countries in Asia, Africa and Latin America had also insisted that companies needed more time to prepare.

- Divided opinions -

Nguyen Xuan Loi, head of Vietnamese coffee exporter An Thai Group, hailed the delay as a "positive move."

"In reality, Vietnam has been strictly managing deforestation issues," he told AFP. "There are hardly any violations anymore."

There was also relief in some sectors in Indonesia, the world's largest palm oil producer, a key driver of deforestation.

"Our calls have been listened to," said Eddy Martono, chairman of the country's leading palm oil association.

Indonesian environmental group WALHI said however it could "not imagine how much more land-clearing or deforestation the one-year delay could cause in West Kalimantan and other places like Papua."

EU imports accounted for 16 percent of deforestation linked to global trade in 2017, according to WWF.

When the law was adopted in 2023 it was hailed as a major breakthrough to protect nature and the climate.

Under the law, firms importing the merchandise 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.

Exporting countries considered high-risk would have at least nine percent of products sent to the EU subjected to checks.

The postponement of the law has yet to be approved by the European Parliament and member states.

burs-cb/bgs

H.Hayashi--JT