Climate Politics
EU Reaches Deal to Delay Contentious Deforestation Law
- Postponement by a year needs final sign-off before end of 2024
- EU has faced stiff opposition over far-reaching green law
The elaborate system to trace commodities coming into the EU back to their origin will now only kick in at the end of next year.
Photographer: BloombergThis article is for subscribers only.
Supply Lines is a daily newsletter that tracks global trade. Sign up here.
The European Union reached a tentative deal to postpone its landmark law to tackle deforestation until the end of next year, giving global supply chains of commodities from coffee to beef more time to adapt.