European Union Deforestation Regulation: What US Companies Should Know

By Kristy Balsanek, Gwendolyn Keye, Richard Sterneberg et al
By DLA Piper
September 24, 2024
Category: Business & Politics
Region: United States

Due diligence requirements under the Regulation on Deforestation-Free Products (EUDR) will apply starting on December 30, 2024, setting in motion a landmark regulation to prevent products linked to deforestation and forest degradation from being placed on the EU market. …As described in further detail below, the EUDR will impact US companies that export covered commodities to the EU – either directly or indirectly through an EU supplier. …The EUDR gives companies 18 months from the date of its adoption to prepare for and implement the new rules, with large businesses – those with more than 250 employees – expected to be in compliance as of December 30, 2024 (smaller and micro enterprises have additional time to comply). In the meantime, the EU Commission is developing guidelines to clarify the EUDR’s requirements and published a nonbinding FAQ document to assist the regulated community in preparing for compliance. The final guidelines are expected to be adopted before the December 30, 2024 compliance date.

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