EU's New Deforestation Regulation: Satellite Monitoring Key to Compliance
The European Union's new Deforestation Regulation aims to prevent products linked to deforestation from entering the EU market. Businesses must verify their supply chains, but lack full visibility, making compliance challenging. Satellite monitoring systems offer a solution, with major companies like the European Space Agency (ESA) developing real-time systems for deforestation tracking.
The EU Deforestation Regulation requires businesses to ensure their products are not sourced from land cleared after 2020. Accurate deforestation data is crucial for avoiding supply chain disruptions and hefty fines. Satellite monitoring systems provide this data, enabling real-time tracking of land use and deforestation activities.
According to Global Forest Watch, in 2022, tropical primary forests lost 4.1 million hectares, equivalent to 11 soccer fields of forest every minute, resulting in emissions of 2.7 gigatonnes of carbon. Real-time satellite monitoring allows companies to detect and address deforestation activities swiftly, ensuring EUDR compliance. Proprietary deforestation analytics offer enhanced resolution and precise detection, minimizing false positives and negatives.
The EU Deforestation Regulation requires businesses to verify their supply chains are deforestation-free. Satellite monitoring systems, like those developed by the ESA, provide the transparency and real-time tracking needed for compliance. With the stakes high - both environmentally and financially - accurate deforestation data is vital for businesses to navigate the EU market.
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