ALTIUS’ Post

Are you prepared for the EUs new deforestation regulation ? It’s only around the corner and will require importers to hold more information and provide due diligence statements on import for certain types of product covered by the EUDR. Not only will this have an impact at the time of import but will require more due diligence and administration to be carried out by holding the correct information on file for future audits! Similar to many new regulations. The system isn’t quite ready yet (where have we heard this before ?!) nor is the guidance on how you as the importer will apply these due diligence statements ( more to come in November on this ) With the timeline looming , what can you do now to prepare ? Read the blog below Remember - by failing to prepare , you are preparing to fail ! #eudr #deforestation #europe #imports https://lnkd.in/e_XNw7ua

Are you ready for the EU's Deforestation-free Regulation? 💡 Businesses which import products such as cocoa, coffee, soy, palm oil, wood, live cattle and rubber, but also derived products such as leather, chocolate, furniture, paper, beef and charcoal will be impacted. 🚦 For large importers, they will be required to undertake full due diligence and both large importers and SMEs will have to report information on products imported or traded. ⏳ Applies to all products placed on the market from 30 December 2024 (30 June 2025 for SMEs) More information on #EUDR can be found in this great article written by my colleagues at Grant Thornton Netherlands. https://lnkd.in/giCe8Byr

A very interesting take from The New York Times about the European Commission's legislation aimed at creating deforestation-free products. Legislation is only half of the story, and not providing the necessary systems and capacity building sets people up to fail. Small holders produce 27% of the palm oil that is exported, and the complex regulations and MRV required are beyond the reach of these people, meaning power and wealth will accrue to the larger companies that are driving the problem, instead of helping to create a sustainable solution. Thanks Patricia Cohen for a good read. https://lnkd.in/dbRzYS-a

🌍📊 Is the EU’s Use of Incorrect Deforestation Data Hindering Global Trade? The EU’s upcoming deforestation law, set to be enforced on December 31, aims to curb deforestation by restricting imports of goods like palm oil, coffee, and leather. 🌱 But are we ready for it? 🤔 Critics argue that the EU’s reliance on its forest maps, which differ from those of Australia and Brazil, could unjustly block imports from areas that shouldn’t be classified as deforested. Is it fair to use a one-size-fits-all approach to such a complex issue? 🌳 🚢 With significant questions about what constitutes agricultural land use still unanswered and no clear guidance from Brussels, producers are in a bind. How can we ensure fair trade without compromising our environmental goals? 🛤️ Brazil and Australia highlight that local monitoring systems have higher precision rates. Shouldn’t the EU collaborate with these countries to harmonize definitions and data? 🌐🤝 The stakes are high—misidentifications could cost millions and disrupt global supply chains. Is it time for the EU to reconsider and delay the implementation of these regulations until a more comprehensive approach is in place? 🕰️ We must strive to make our fight against deforestation both effective and equitable. 🌍💼 #Deforestation #Trade #Sustainability #GlobalEconomy #EURegulations #EnvironmentalJustice

The New EU Regulation: Deforestation-Free Products and its impacts under Brazilian commodities On May 31, 2023, the European Union (EU) introduced a new regulation called the European Union Deforestation-Free Regulation (EUDR). This regulation focuses on ensuring that products like meat, soy, wood, coffee, cocoa, rubber, and palm oil do not contribute to deforestation. Brazilian exporters will need to prove that their commodities come from sustainable sources. The regulation requires exporters to demonstrate that their products do not come from areas that have been deforested after December 31, 2020. To comply, exporters must establish robust monitoring systems, ensure compliance through due diligence, and provide precise geographic coordinates of the production areas using advanced technology. There are concerns about the costs associated with implementing due diligence systems and obtaining certifications, especially for small producers. Non-compliance could lead to trade barriers and severe penalties, including bans on entering the European market. To avoid penalties and embargoes, exporters should seek sustainability certifications, collaborate with NGOs and certifying bodies, and train producers and exporters on compliance and sustainable practices. It is also important to obtain legal and compliance consultancy to understand and meet all legal requirements. While Brazil has technological tools that can assist European operators in gathering information during the due diligence process, it needs to further implement the Forest Code and particularly the Rural Environmental Registry (Cadastro Ambiental Rural– CAR) with georeferenced information on forested areas and areas used for agriculture to prevent land grabbing and irregular land use. #climatechange #ESG #climatejustice #environmentallaw #EUDR #commodities

🔥 The American Forest and Paper Association is pushing the European Union to delay implementation of a pending law aimed at ensuring supply chains designed to produce some key consumer goods aren’t contributing to deforestation 👶 If the law goes into force, the price of goods including diapers and sanitary pads — made from pulp that’s derived from timber — will increase and “and it will translate into inflationary pressures in the EU,” said Mark Pitts, executive director at the paper association 🌲 The EU Deforestation Regulation aims to slash the 10% of global deforestation — and associated loss of biodiversity — linked to EU consumption of commodities such as timber, beef, coffee and cocoa 💰 The EUDR takes effect at the end of the year and will require that those goods entering the 27-nation bloc be traced to their origins, or face hefty penalties 💻 The EUDR requires companies to document the geolocation of “all relevant plots of land for commodities traded in bulk,” said Adalbert Jahnz, a spokesman for the European Commission 👀 Are your supply chains ready for all the EU regulations that are coming into effect? Source: Bloomberg #supplychain #importexporttv #EU #deforestation #regulation #change #apexscm #afpa #eudr

The European Union's new law to ban imports and trade of products that promote deforestation in the European market (EUDR) gained a lot of attention worldwide since it was announced. The Peruvian Ministries are supporting growers to meet the requirements of the regulation, trying to ensure that the producer has access to land, for example, or through the development and improvement of their systems for monitoring deforestation. #Peru | Salvador Orrego | Alexander Kofman | #Eu | #europeanunion | https://lnkd.in/eX6Fhdvk

This article from the The New York Times provides an excellent overview of #EUDR. The regulation is unprecedented, Europe is posing requirements on non-EU producers: no matter where the 7 commodities are produced, they will need to comply with the no-deforestation and no-degradation standard if they want to be sold in Europe. Why is Europe doing this? It's an ambitious attempt to reduce global deforestation. Malaysia lost nearly a fifth of its primary tropical forest between 2001 and 2022 as the article highlights. European consumption is responsible for roughly 10% of global deforestation. The regulation aims to fight this.  The technology to verify compliance is out there. With the space data we have today we can verify compliance of virtually every plot of land on the planet. But the big challenge is around traceability - how can exporters get the information of every single plot of land they are sourcing from, especially when we consider very long supply chains and commodities that are produced in mills, like paper?  On commodities produced in mills, new guidance from the commission tries to facilitate traceability with a concept called "compliance in excess". If importers can prove non-deforestation in the area they are sourcing from (even if it's hundreds of hectares and plots of land), then they are good to go, even if they cannot verify sourcing from every single plot of land.  Similarly, there are enormous concerns around harming smallholder farmers. The aim of the regulation is not to prevent farmers from producing commodities such as palm oil. All plots of land that were cultivated prior to December 2020 can continue to export to Europe. The challenge is enabling these farmers to comply. Starting from ensuring that they are even aware of the regulation. Then making sure that they have the tools to prove that their plots of land were harvested prior to the cut-off and that these tools are affordable, so that they are not cut out of supply chains. Governments must intervene, we need country-wide verification systems for farmers and Europe needs to boost their help with this burden.  https://lnkd.in/evTv4ja9

🌿 𝗜𝘀 𝘆𝗼𝘂𝗿 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝘂𝗽 𝘁𝗼 𝗱𝗮𝘁𝗲 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗱𝗲𝗳𝗼𝗿𝗲𝘀𝘁𝗮𝘁𝗶𝗼𝗻-𝗳𝗿𝗲𝗲 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀? 🌳 🌳 In the world of international trade, especially for companies exporting and importing products such as #coffee, cocoa, soybeans, palm oil, timber, rubber and beef cattle, being informed is not just an option, it's a must! 🌍 Environmental regulations are constantly evolving, and staying up to date with them is crucial to ensure sustainable and responsible operations. 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗹𝗶𝗻𝗸𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗼𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 (#𝗘𝗨𝗗𝗥): 📚📈   · EUDR ( 🇪🇸 ): https://lnkd.in/dVnewyNg   · EUDR ( 🏴󠁧󠁢󠁥󠁮󠁧󠁿): https://lnkd.in/dFz4DUnV 𝗔𝗹𝘀𝗼 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝘂𝗽𝗱𝗮𝘁𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘁𝗹𝘆 𝗔𝘀𝗸𝗲𝗱 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻: https://lnkd.in/dyczjuZB Staying informed is the first step to making a difference. Let's go together towards a greener and more sustainable future! 💚 #Sustainability #InternationalTrade #EnvironmentalRegulations #DeforestationFreeProducts.

🌍🍫 As the EU prepares to enact new laws against deforestation, Ivory Coast is making strides in tracing its cocoa supply chain. The world's top cocoa producer is working to ensure its cocoa is sourced from legal and sustainable sources. 🌳🔍 The country has made significant progress, with 100% traceability in its direct supply chain and 60% in the indirect supply chain. This is a significant step forward in the fight against deforestation and illegal farming. 🚜🌱 The new EU law, expected to be passed in 2022, will require companies to prove that their products do not contribute to deforestation. This is a crucial step in promoting sustainable farming and protecting our planet. 🌍💚 With major brands like #Mars, #Nestle, and #Hershey relying on Ivory Coast for their cocoa supply, the progress made is not just a win for the country, but for the entire chocolate industry. 🍫🏭 What are your thoughts on this development? How do you think the new EU law will impact the global cocoa industry? And what steps should other countries take to ensure traceability in their supply chains? 🤔💭 Let's discuss in the comments below. 👇 #IvoryCoast #Cocoa #Sustainability #Traceability #Deforestation #EULaw #SupplyChain #Mars #Nestle #Hershey #ChocolateIndustry 👓 Read more: https://lnkd.in/erPD3pBy