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Countries can be labeled ‘no risk’ under deforestation rules, EU Parliament says

By Oscar Pandiello and Laine Cibulskis ( November 14, 2024, 14:15 GMT | Insight) -- Countries that meet certain sustainability requirements should be classified as “no-risk” trading partners under the EU’s deforestation regulation, the European Parliament narrowly proposed today. At the last minute, six amendments were withdrawn from the European People’s Party’s proposal thanks to an understanding that the bloc’s executive arm would also reduce administrative burden. EU countries still must approve the amendments to finalize parliament’s proposal.Countries meeting certain sustainability standards should be considered “no risk” trade partners under the EU’s deforestation rules, the European Parliament proposed today....

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