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2mon ago

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Business & Economics

EUDR to Impact Every Part of the Timber Supply Chain —New Study

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EUDR could reduce timber imports from high-risk deforestation countries (including Indonesia , Malaysia , and Brazil ) by more than 25% by 2040 and even peak at 38% if definitions are changed to include agricultural conversion (dubbed EUDR+ ) Low-deforestation countries, including Canada ( 1.4% increase) and the United States ( 0.1% ) may experience slight increases in production to meet EU demand.