European Parliament bans goods linked to deforestation!

The European Parliament has recently passed a groundbreaking new law aimed at addressing this pressing environmental issue. This significant step marks a collective effort to preserve our planet's precious forests and protect biodiversity.

The new law recognizes the urgent need to curb deforestation and its devastating consequences on ecosystems, climate change, and indigenous communities. By implementing stricter regulations and promoting sustainable practices, it seeks to tackle the root causes of deforestation and ensure responsible forest management. The products covered by the new legislation are: cattle, cocoa, coffee, palm-oil, soya and wood, including products that contain, have been fed with or have been made using these commodities (such as leather, chocolate and furniture).

Key provisions of the law include:

1. Prohibition of Illegal Timber: The law mandates a strict ban on the import and trade of illegal timber products. This crucial measure will help eliminate the market demand for unlawfully sourced timber and discourage illegal logging activities.
2. Traceability and Certification: To promote transparency and accountability, the law emphasizes the importance of traceability and certification throughout the timber supply chain. By verifying the legality and sustainability of timber products, consumers can make informed choices and support responsible forestry practices.
3. Corporate Responsibility: The law places greater responsibility on businesses and organizations involved in the timber industry. It encourages them to adopt sustainable sourcing practices, conduct due diligence, and ensure their supply chains are free from deforestation and human rights abuses.
4. International Cooperation: Recognizing the global nature of deforestation, the law emphasizes the importance of international collaboration. It encourages partnerships between countries, organizations, and stakeholders to exchange knowledge, share best practices, and work collectively towards a sustainable and deforestation-free future.

At Tracifier, we fully support these initiatives and are actively engaged in promoting sustainable practices and raising awareness about the importance of forest conservation. Tracifier supply chain traceability solution enables brands to have visibility and control over the supply chain process. Empowered by blockchain technology, the system ensures a tamper-proof record of data. This innovative technology aligns perfectly with the objectives of the new law by providing transparency and traceability in the timber industry.

We believe that by coming together and taking concrete actions, we can make a significant difference in preserving our natural heritage for future generations.

Contact us for more information at : [email protected]

www.tracifier.com

Source of info: https://www.europarl.europa.eu/news/en/press-room/20230414IPR80129/parliament-adopts-new-law-to-fight-global-deforestation