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The EU has introduced a powerful new legislation, the European Deforestation Regulation (EUDR), aimed at curbing forest degradation. Effective from June 29th 2023, with compliance required by December 30th 2024, the EUDR enforces strict penalties for non-compliance. Unlike directives, which allow member states flexibility in achieving legislative goals, regulations are rigid and take effect immediately upon approval. This makes the EUDR a potent tool in the fight against deforestation, as it applies uniformly across all member states without the need for specific national measures. Businesses need to be aware and prepared for these changes. #EUDR #Deforestation #BusinessCompliance

EU Directive v EU Regulations: (EU) 2023/1115

EU Directive v EU Regulations: (EU) 2023/1115

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