The European Union proposed granting companies six months of leeway to comply with its landmark law to curb deforestation across the world, rejecting a longer delay despite industry complaints.
The EU’s Deforestation Regulation aims to tackle the felling of trees associated with imports into the bloc of commodities such as soy, cocoa, coffee, beef and palm oil. Yet it has faced criticism at home and abroad for being too bureaucratic.
The European Commission proposed Tuesday giving large companies six months of relief from sanctions after the law goes into effect at the end of the year. Bloomberg previously reported the ...
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