The fight against deforestation is accelerating, and businesses need to keep up. Listen now our latest podcast episode to learn how the European Union Deforestation Regulation (EUDR) is set to reshape supply chains, challenging companies while also creating new opportunities.
In this latest episode of Trade Talk, Coface’s economist Eve Barré sheds light on the major shifts the EUDR will bring to international trade.
What is the EUDR and why does it matter?
Every year, millions of hectares of forest disappear, fuelling the production of wood, soya, cocoa, palm oil and other raw materials. Europe, one of the main consumers of these products, is now shouldering its responsibilities with a strict requirement for traceability: any company wishing to sell on the European market will have to prove that its products are not linked to deforestation.
This is a huge challenge for companies, especially SMEs, but also an opportunity to innovate towards more sustainable supply chains, as our expert Eve Barré explains.
Key challenges for businesses
- Increased compliance costs
- Sector-wide impact: Beyond Agriculture and Wood, obviously, industries like automotive and Textile will need to adjust their supply chains.
- Who is impacted? Smaller businesses may struggle with the financial and administrative burden of compliance.
Opportunities amidst the challenges
Explore with us how exporting countries may struggle—or benefit—from the new trade landscape.
Discover how some companies could get a business advantage, gain a competitive edge and secure market confidence.
Listen Now!
The EUDR is a turning point in global trade. Whether you're an importer, exporter, or supply chain professional, this episode is a must-listen to stay ahead of the curve.
Tune in now on your favourite podcast platform and get the full picture on how the EUDR will shape your business future!
