The EU Deforestation Regulation (EUDR) entered into force on 29 June 2023.
The Regulation seeks to minimise deforestation and forest degradation caused by EU consumption and production and to increase demand on the EU market for deforestation-free products.
Large companies trading in seven key commodities (and products derived from them) will have to prove these goods do not originate from recently deforested areas or contribute to forest degradation.
Compliance will become mandatory on 30th December 2024.