John Gibbons: The EU’s new plan to tackle deforestation will only work with close monitoring
Companies found to be in breach of new rules will face fines of up to 4 per cent of their annual turnover in the bloc, but opaque supply chains could hinder its effectiveness
Every year, the world loses an area of natural forests the size of Italy in a global pulse of deforestation that has been ongoing for centuries, but has dramatically accelerated in recent times. Since 1900, more than one billion hectares of forests have been cleared – and with them, countless species and ecosystems that evolved over millions of years have been swept away.
Over half of all wildlife in the world’s forests has disappeared in ...