EU-Mercosur agreement : a ticking time bomb for forests

Canopée publishes a policy brief on the impacts the free trade agreement between the European union and the Mercosur countries would have on forests.
This policy brief evaluates the deforestation the EU-Mercosur agreement would cause if it were to come into effect.
For 25 years, the European union and Mercosur have been negotiating a free trade agreement aimed at eliminating tariffs between these two blocs. This agreement, presented as a commercial breakthrough, could have dramatic consequences for forests.
According to our analysis, it would lead, at the time of its implementation, to the disappearance of 700,000 hectares. But this deforestation would then be continuous. The “rebalancing mechanism,” included in the latest version of the agreement, would create a risk for nearly 70,000 additional hectares each year.