Implications of Europe's Deforestation Law: To Save Forests Or Save Jobs? | CNA Correspondent

  Рет қаралды 8,826

CNA Insider

CNA Insider

Күн бұрын

The UN Food and Agriculture Organization (FAO) estimates that 420 million hectares of forest - an area larger than the European Union - were converted to agricultural use between 1990 and 2020. EU consumption makes up around 10% of this global deforestation. Now, the EU wants to stop the trend to support its fight against climate change, and it has introduced a new law obliging companies to ensure that products sold in the EU have not led to deforestation and forest degradation. The move is seen as discriminatory by both Malaysia and Indonesia, the world’s top two palm oil exporting countries, as it'll hit their economies hard.
Elsewhere, farmers and exporters in Vietnam say it'll be difficult to provide verifiable proof of products coming from sustainable sources. CNA Correspondent explores how the livelihoods of millions could be affected by the new law.
00:40 Malaysia, Indonesia join forces to save jobs
02:00 How EU’s new law works
02:53 The impact on stakeholders
04:35 The health benefits of palm oil
07:20:Timber plantations are a bigger threat
09:30 Deforestation is not a problem in Vietnam’s coffee industry
11:30 Coffee exporters on edge
15:30 Deforestation rampant in Queensland, Australia
16:22 Canberra threatens to walk away from FTA
18:35 EU determined to end contribution to global deforestation
20:38 UK stands to gain from the new law
More from CNA Correspondent: • CNA Correspondent | Fu...
=================
About CNA Correspondent: Highlights of news stories and features by CNA's network of Correspondents based in major cities across the region.
=================
#CNAInsider #CNACorrespondent #Deforestation #EU #Farmers
For more, SUBSCRIBE to CNA INSIDER
cna.asia/insideryoutubesub
Follow CNA INSIDER on:
Instagram: / cnainsider
Facebook: / cnainsider
Website: cna.asia/cnainsider

Пікірлер: 55
@oceanwave4502
@oceanwave4502 Жыл бұрын
Paraphrase this law: "If you have lands, keep them 'as-is'. Don't touch them for production purpose. Otherwise, you'll be labeled as destroying natural environment. How you develop further from here (to escape poverty), is none of our business".
@robezy0
@robezy0 Жыл бұрын
Not aiming to defend this law, but do you really think large scale deforestation is improving people's lives? People on Borneo are generally not very supportive of the palm oil and timber industries because they profit very little from them. In Malaysia GDP per capita has barely increased in the last 10 years, instead people experiencing water scarcity and respiratory diseases. The people who call that development are the politicians who are constantly forced out of office due to their incompetence and corruption.
@infj4w511
@infj4w511 Жыл бұрын
The wealth generated by production does not increase by increasing supply, but by increasing demand. If you allow expansion of production, this mainly ensures that competition increases and the value of palm oil and the like decreases, so that producers earn just as little. Moreover, rich, large companies can expand more than poor, small companies, so that allowing expansion ultimately disadvantages poor, small companies, because it mainly creates more competition for them in the market.
@lightsalt8279
@lightsalt8279 Жыл бұрын
There's only 39% left forested land area in EU, while Indonesia still have 64% forested land and Malaysia 54% forested land. (Source: European Parliament, WWF) But EU trying to tell Indonesia and Malaysia about defortation?? What a joke! 😂 And if we talk about biodiversity impact, there’s 36 extinct species in Europe (within 20th - 21th centuries) and more than 1,677 endangered to extinct species in Europe. While in Indonesia, there’s only 4 extinct species (within 20th - 21th centuries) and about 223 endangered species. (Source: European Parliament; Rainforest Mongabay; Convention of Biological Diversity) Conclusion: 1) The European should stop being hypocrites, and start to take care their own forest. Because the European forest is the worst in this planet. 2) The European should not try to teach Indonesian and Malaysia how to take care their own forest, they should learn from Indonesian or Malaysian instead. 3) The European (including ALL COUNTRIES) should return minimum 50% of their lands to become forest again, and stop putting the burden to Indonesian while European people can keep destroying their forest as their like. Because forest issue is not Indonesian responsibility only, it's global issue, and all countries responsibility.
@irmansyahfii1228
@irmansyahfii1228 Жыл бұрын
from the past until now they are still colonizers
@UrMomGreen.
@UrMomGreen. Жыл бұрын
And destroyers of culture and civilization
@biologiforfun1874
@biologiforfun1874 Жыл бұрын
We should show this fact to all population especially them.
@lightsalt8279
@lightsalt8279 Жыл бұрын
@Broskisnowski are you blind? Read again conclusion 1, 2 and 3
@biologiforfun1874
@biologiforfun1874 Жыл бұрын
@Broskisnowski equal action. You cannot force other country to pay for your past mistake and pretend to be a Hero. We should keep the forest for our future,but forest for all population on earth. so, eaurope should provide cheap technology in return if they want us to protect our forest. Just that. Equality Bro
@lastChang
@lastChang Жыл бұрын
China🇨🇳 has been doing deforestation and water diversion for decades. - This EU law will affect both Vietnamese and Chinese exports. However, the EU rules on forced labor affect China the most.
@UrMomGreen.
@UrMomGreen. Жыл бұрын
Mehhh,they just want to boost sells their own oils. Canola,corn,sunflower,olive etc. Palm oil more versatile and produce more oil per hectar. They hate it they can't grow it there 😂
@Salengot
@Salengot Жыл бұрын
Rapeseed and sunflower oils are still the cheapest here in the market. Even thought the prices got hit and rose, because Ukraine is number one in producing sunflower oil and 4th in rapeseed oil in the whole world. But yes, we have freedom to choose what to buy and from whom to buy and no one can impose it.
@harukrentz435
@harukrentz435 Жыл бұрын
@@Salengot ooh really? Yet you force indonesia to sell raw nickles to you. Lmao.
@harukrentz435
@harukrentz435 Жыл бұрын
Who cares? Indonesian domestic market is huge enough to absorb our own palm oil products, we have been using palm oil to make biodiesel, and researching to make avtur of it. Also Timor Leste, India, China, S. Korea, Japan are still willing to take them.
@infj4w511
@infj4w511 Жыл бұрын
The EU is simply saying they won't buy products of new deforestation. I think that's reasonable. Also, this doesn't disadvantage small businesses. The wealth generated by production does not increase by increasing supply, but by increasing demand. If you allow expansion of production, this mainly ensures that competition increases and the value of palm oil and the like decreases, so that producers end up earning just as little. Moreover, rich, large companies can expand more than poor, small companies, so that allowing expansion ultimately disadvantages poor, small companies, as it mainly creates more competition for them in the market.
@Lam-paul
@Lam-paul Жыл бұрын
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022
@Melodyjackson1
@Melodyjackson1 Жыл бұрын
I would really love to know how much work you did put in to get to this stage
@Lam-paul
@Lam-paul Жыл бұрын
I engage in various prolific investments by compound interest & leveraging and as well operating with an investment professional Mrs Brisa Richardson, so far I've attained returns of over $30k last month
@pamalapaul9545
@pamalapaul9545 Жыл бұрын
Wow😊l know her and I have also been trading with her, she's such an amazing woman with good skills keeps me happy all week knowing I earn 15thousand extra income trading with her.
@mariohugo6219
@mariohugo6219 Жыл бұрын
Actually thought I was the only one trading with Mrs Brisa Richardson!. she currently manages all my funds too and she also provides webinars on how to trade perfectly without losses, I haven't started on my own yet, still building up my portfolio with her help now.
@kanesmith4085
@kanesmith4085 Жыл бұрын
Same here, I earn $13,000 a week. GOD bless Brisa, she has been a blessing to my family.
@MartinHao19
@MartinHao19 Жыл бұрын
Lee announced the rebranding of the Ministry of the Environment and Water Resources, renaming it the Ministry of Sustainability and the Environment (MSE). PM Lee had said at that time that the rationale behind the change of name was to highlight that “sustainability had become an increasingly important part of our national agenda”. It has been barely 6 months since that name change. Is it not too soon to seemingly renege on your commitment to sustainability by potentially destroying a beautiful green space (according to an environmental baseline study) that is rich in both history and nature?
@lokesh303101
@lokesh303101 Жыл бұрын
It's like move away from Monocultures.
@bambamkitring6666
@bambamkitring6666 Жыл бұрын
While EU did the deforestation since beginning to be industrial country...
@munster1404
@munster1404 Жыл бұрын
And they seem to be regretting it. So they are doing anything in their power to reverse their mistake. Isn’t that a good thing? What you are saying that if countries screw up over a century ago before understanding via scientific research that they were wrong this means that other countries which are now armed with the same knowledge can continue to go down the wrong path?
@hereisme7621
@hereisme7621 Жыл бұрын
​@munster1404 still they have been benefiting from the industries that they have been doing many centuries ago. After they now become rich from the long standing industries and finally realized the side effects of industrialization, especially the side effects of growing industries outside their area. They now try to hinder other countries who just started to benefit from their growing industries. This is to me unfair.
@munster1404
@munster1404 Жыл бұрын
@@hereisme7621 All these advanced countries can and are duty bound to help developing countries to pivot off other resources or industries. New findings come up all the time regarding sustainability and the environment. This is not about fairness. This is working and adapting with new information, knowledge.
@rynaldycavdra8236
@rynaldycavdra8236 Жыл бұрын
But the heatweave already burned of their forest recently. What a karma's🙈
@devildevil2271
@devildevil2271 Жыл бұрын
EU can't survive without Chinese but can survive without ASEAN 😂😂
@yosichadutawisnuandika5168
@yosichadutawisnuandika5168 Жыл бұрын
Because china have nuclear & technology, so UE hard for bully china, but not for ASEAN because ASEAN no have nuclear 😅
@ENTRAINEVERSE
@ENTRAINEVERSE Жыл бұрын
I also not completely agree with palm oil, but what is the alternative solution for absorbing workers, Europe can only ban it without a solution as if they own all the forests in this world
@Liboch
@Liboch Жыл бұрын
It is not only about workers. But it is also about deforestation itself. Oil palm produces 5 to 10 times more oil than other oil crops on the same size of land. If palm oil is banned, we need to clear 5 to 10 times more land area to replace oil palm.
@mythicalmyriad
@mythicalmyriad Жыл бұрын
@@Liboch Ooooh right,, Cause Europe is so ecosystem friendly rigghtttt, look at their countries, ALL IS FOREST AND GREEN AND DON'T CONTRIBUTE TO GLOBAL WARMING AT ALLL Hypocrite white fucks
@jarrodyuki7081
@jarrodyuki7081 Жыл бұрын
are you kidding me!!!!!!!!!!!!!!!!!!!!!!!!!
@martinh619
@martinh619 Жыл бұрын
im gonna do illegal logging even harder
The Everyday Ingredient Destroying the Planet
11:57
Bloomberg Originals
Рет қаралды 134 М.
DAD LEFT HIS OLD SOCKS ON THE COUCH…😱😂
00:24
JULI_PROETO
Рет қаралды 16 МЛН
Finger Heart - Fancy Refill (Inside Out Animation)
00:30
FASH
Рет қаралды 27 МЛН
How the UN is Holding Back the Sahara Desert
11:57
Andrew Millison
Рет қаралды 13 МЛН
Why palm oil is in everything, and why that's bad
16:00
Adam Ragusea
Рет қаралды 1,6 МЛН
New forests for greater climate protection? | DW Documentary
25:57
DW Documentary
Рет қаралды 1,3 МЛН
Due Diligence for the EU Deforestation Regulation
22:50
Preferred by Nature
Рет қаралды 1 М.
Palm oil isn't as bad as you think
10:20
DW Planet A
Рет қаралды 473 М.
The Controversial Case Against the 'Banker to the Poor'
12:25
Bloomberg Originals
Рет қаралды 337 М.