EU Biodiversity Strategy in EU Green Deal

21/12/2023    9

EU Biodiversity Strategy for 2030 is European Green Deal implementing action (categorized in Group of Environment and Ocean) which was published on 20 May 2020. This is a comprehensive plan to protect and recover biodiversity in the EU, as well as EU’s efforts in protecting global biodiversity.

Within the framework of Biodiversity Strategy’s Action Plan, some notable legislative measures have been approved, especially Regulation No. 2023/1115 dated 31st May 2023 of EU Deforestation-Free Products Regulation (EUDR).

In practice, as the major economy and consumer market of commodities linked to deforestation and forest degradation, the EU would like to be partly responsible for this problem and wants to lead the way to solve it. Therefore, EUDR was introduced to prevent products used and consumed in the EU from contributing to deforestation and forest degradation in the EU and globally.

EUDR aims to ensure that products imported to the EU do not originate from deforested or forest-degraded land.

Unlike most other regulations in the framework of European Green Deal implementation, this Regulation clearly outlines applicable subjects of some agriculture and forest products imported to the EU. Being the world's biggest market of these commodities, this EU’s Regulation is expected to have considerable impacts on production, and export of these products in the world when it officially enters into force on 1st Jan 2024.  

Source: Report "EU Green Deal and Vietnam's Exports - The case of the agricultural, food and textile industries" – Center for WTO and International Trade