Brussels - Regulation (EU) 2023/1115 of the European Parliament and of the Council of May 31, 2023, is on making available in the European Union (EU) market and the export from the EU of certain commodities and products associated with deforestation and forest degradation.
The avowed objective of the Regulation — referred to as ‘Deforestation Rules’ or ‘Rules’ in the ensuing narrative — is to minimise the EU’s contribution to deforestation and forest degradation worldwide, with the consequential benefits of reducing the EU’s contribution to greenhouse gas emissions and global biodiversity loss.
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