From December 2024, the European Union Deforestation Regulation (EUDR) will come into force. This legislation intends to guarantee that the products consumed by EU citizens do not contribute to deforestation or forest degradation anywhere in the world. As with the General Data Protection Regulation - GDPR - a few years back, EUDR too will have wide-reaching implications. Here’s an explainer on the new law and its impact. What exactly is EUDR?
Environment
How a major new European law will hurt Indian businesses
Synopsis
New European legislation on deforestation will come into force in December this year. An explainer on how that shifts the ground for Indian businesses.
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