Mondelez is advocating for a delay in the EU’s deforestation law, which bans imports from deforested land, citing challenges faced by the chocolate industry amid high cocoa prices. Major US chocolate manufacturers like Mars and Hershey have also pulled back support for the regulation, influenced by political pressures, while European counterparts warn that further delays could undermine efforts to combat global deforestation.
Explain It To Me Like I’m 5: Mondelez is asking the European Union to wait before enforcing a new law that stops food made from ingredients grown on deforested land from being sold, because chocolate makers are worried about high cocoa prices and competition.
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