Zürcher Nachrichten - 'Welcome relief': Asia producers hail EU deforestation law delay

EUR -
AED 4.226203
AFN 73.071893
ALL 93.960321
AMD 423.724896
ANG 2.060342
AOA 1055.835022
ARS 1653.354187
AUD 1.639764
AWG 2.071386
AZN 1.955326
BAM 1.939252
BBD 2.318912
BDT 141.335156
BGN 1.945814
BHD 0.43396
BIF 3441.95307
BMD 1.15077
BND 1.475013
BOB 7.984862
BRL 5.858341
BSD 1.151375
BTN 108.817416
BWP 15.427352
BYN 3.187599
BYR 22555.092
BZD 2.31564
CAD 1.622315
CDF 2669.786539
CHF 0.919891
CLF 0.025899
CLP 1019.305887
CNY 7.776271
CNH 7.7963
COP 3952.89495
CRC 524.424864
CUC 1.15077
CUP 30.495405
CVE 109.726009
CZK 23.938375
DJF 204.514691
DKK 7.406517
DOP 67.435057
DZD 152.913136
EGP 57.432856
ERN 17.26155
ETB 182.253223
FJD 2.570475
FKP 0.856318
GBP 0.86513
GEL 3.043786
GGP 0.856318
GHS 13.001054
GIP 0.856318
GMD 84.005847
GNF 10100.882542
GTQ 8.776185
GYD 240.844771
HKD 9.016467
HNL 30.722333
HRK 7.534434
HTG 150.366857
HUF 345.978589
IDR 20424.556422
ILS 3.390134
IMP 0.856318
INR 108.528541
IQD 1507.5087
IRR 1582308.749934
ISK 143.07527
JEP 0.856318
JMD 182.096098
JOD 0.815918
JPY 184.425851
KES 149.047935
KGS 100.634562
KHR 4617.456644
KMF 489.077033
KPW 1035.693403
KRW 1739.808883
KWD 0.35455
KYD 0.959512
KZT 561.483746
LAK 25351.462874
LBP 103051.453562
LKR 385.721827
LRD 209.61256
LSL 18.636557
LTL 3.397924
LVL 0.696089
LYD 7.336181
MAD 10.638889
MDL 20.09155
MGA 4833.233941
MKD 61.09051
MMK 2415.980579
MNT 4116.679238
MOP 9.289529
MRU 46.122914
MUR 54.236067
MVR 17.791185
MWK 1997.737016
MXN 19.912233
MYR 4.677655
MZN 73.536625
NAD 18.64468
NGN 1564.034121
NIO 42.129805
NOK 11.063848
NPR 174.106761
NZD 1.992227
OMR 0.442469
PAB 1.151375
PEN 3.927015
PGK 5.049291
PHP 69.475448
PKR 320.257204
PLN 4.197629
PYG 7026.04384
QAR 4.189381
RON 5.186562
RSD 116.309537
RUB 83.973466
RWF 1712.34576
SAR 4.317567
SBD 9.276845
SCR 16.24326
SDG 691.036606
SEK 10.942217
SGD 1.475321
SHP 0.859166
SLE 28.481893
SLL 24131.075732
SOS 657.673717
SRD 42.960576
STD 23818.615605
STN 24.626478
SVC 10.074121
SYP 127.197022
SZL 18.638884
THB 37.439728
TJS 10.673122
TMT 4.039203
TND 3.350755
TOP 2.770778
TRY 53.456132
TTD 7.821258
TWD 36.316578
TZS 3020.774668
UAH 51.564725
UGX 4259.650626
USD 1.15077
UYU 46.483739
UZS 13814.993686
VES 685.900804
VND 30295.17102
VUV 137.232574
WST 3.152781
XAF 650.406808
XAG 0.016857
XAU 0.000269
XCD 3.110014
XCG 2.075074
XDR 0.809794
XOF 650.185256
XPF 119.331742
YER 274.60252
ZAR 18.845855
ZMK 10358.309615
ZMW 20.350342
ZWL 370.54747
  • RBGPF

    0.0000

    62.87

    0%

  • CMSD

    0.0300

    22.29

    +0.13%

  • BCE

    -0.5400

    23.28

    -2.32%

  • GSK

    -0.0700

    52.15

    -0.13%

  • NGG

    -1.6000

    80.68

    -1.98%

  • RIO

    -3.0700

    102.67

    -2.99%

  • BTI

    -1.8900

    59.49

    -3.18%

  • CMSC

    -0.0450

    22.32

    -0.2%

  • AZN

    -0.8200

    177.89

    -0.46%

  • RELX

    -0.7900

    32.01

    -2.47%

  • BP

    -1.0100

    40.14

    -2.52%

  • BCC

    -0.7500

    70.81

    -1.06%

  • JRI

    -0.1900

    12.62

    -1.51%

  • RYCEF

    -0.0800

    18.55

    -0.43%

  • VOD

    -0.3600

    14.53

    -2.48%

'Welcome relief': Asia producers hail EU deforestation law delay
'Welcome relief': Asia producers hail EU deforestation law delay / Photo: Yasuyoshi CHIBA - AFP/File

'Welcome relief': Asia producers hail EU deforestation law delay

Producers from Malaysia's palm oil industry to Vietnam's coffee sector on Thursday welcomed a European Union decision to delay implementation of its anti-deforestation rules.

Text size:

The year-long delay triggered immediate outcry from environmental groups, but the legislation had faced substantial pushback from many governments and industries.

They criticised the law, which intended to prevent the import of products that drive deforestation, for confusing rules and complex documentation requirements that they said would particularly burden small-scale farmers.

The EU's decision to delay was a relief, said Trinh Duc Minh, chair of the Buon Ma Thuot Coffee Association.

"The extension of the timeline is necessary and reasonable," he told AFP, though he noted coffee prices that rose as companies stockpiled before the deadline might now drop.

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

"In reality, Vietnam has been strictly managing deforestation issues," he told AFP.

"There are hardly any violations anymore."

Global Forest Watch says Vietnam's primary forest loss has fallen from a peak in 2016, but the country still lost about 16,500 hectares in 2023, with commodity-driven deforestation a leading cause.

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.

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

- 'Welcome relief' -

Countries including Malaysia and Indonesia have vocally opposed the new rules and the chorus of criticism grew louder as the December implementation deadline neared, with Brazil and the United States among those voicing concern.

Malaysia's Palm Oil Council welcomed the proposed delay as a "victory for common sense".

The decision is a "welcome relief for all those businesses who highlighted the need for a delay," the body's head Belvinder Kaur Sron said.

"Malaysia has over the past two years consistently provided evidence... that the implementation date of 30th December 2024 was unworkable, and the EU systems were not ready," the council added in a statement.

It called for the EU to address outstanding demands, including exemptions for smallholders, clear benchmarking criteria and accepting Malaysia's sustainable palm oil standard.

In Indonesia, the country's leading palm oil association also welcomed the delay.

"Our calls have been listened to," said its chairman Eddy Martono, who also urged the EU to accept Indonesian sustainability standards and recognise its anti-deforestation efforts.

Palm oil is one of Indonesia's top commodity exports, but also a key driver of deforestation.

The country lost nearly 300,000 hectares of primary forest in 2023, an uptick from the previous year, though still down from the 2016 peak, according to Global Forest Watch.

Indonesian environmentalists warned that the EU delay was likely to mean more unchecked deforestation.

"We can't imagine how much more land-clearing or deforestation the one-year delay could cause in West Kalimantan and other places like Papua," said Uli Arta Siagian at Indonesian environmental group WALHI.

Uli acknowledged challenges in implementing the rules, but said there was no guarantee a year-long delay would fix those.

"It should have been implemented, and then the EU could see what needs to be corrected," she told AFP.

"For us, this decision is disappointing."

W.F.Portman--NZN