US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds

US corporate lobbyists have launched a two-year effort to weaken the EU Deforestation Regulation, a landmark law aimed at protecting forests. This law, which is considered the world's most progressive, aims to prevent companies from importing goods linked to deforestation. The lobbyists, representing major US firms and trade associations, held over 350 meetings with EU officials to influence the regulation and delay its implementation. This move is significant for markets as it could impact the EU's efforts to address environmental concerns and may influence the demand for sustainable product…

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US corporate lobbyists have been trying to dilute the EU deforestation law, which could impact the environment and businesses. This effort may weaken the law and have implications for companies operating in the EU.

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