EUDR: Can’t See the Forest for the Trees

The EU Deforestation Regulation (EUDR) has been in the spotlight for most of 2024. Some call it a bureaucratic monster, others a champion of strong environmental regulation. Regardless of such contrasting viewpoints, one thing is clear - EUDR will impact thousands of companies and compliance preparation cannot be delayed. This is true, even if the EUDR implementation gets delayed for 12 months, as was recently proposed by the European Commission. While we await the decision of the EU legislators regarding the extension of EUDR’s timeline, we would like to share insights on the current challenges of EUDR implementation and how businesses should use this time to prepare.