Europe's Global Green Ambitions Push Too Hard Once Again.

Europe has decided to delay its plan to curb global deforestation, which was initially established three years ago. The European Union (EU) faced pressure from countries like Brazil and the US to slow down the implementation of deforestation targets. The delay reflects the challenges of balancing ambitious environmental goals with the practical realities faced by businesses and emerging economies. The EU's deforestation regulation, which aimed to end the destruction of forests caused by the EU's demand for commodities, was set to affect over $110 billion of trade. However, concerns were raised about the bureaucratic burden and the ability of smallholder farmers to comply with the rules. The delay has sparked debate about the EU's credibility and the potential impact on other climate measures. [Extracted from the article]