New EU Directive Could Cost European Livestock Sector Billions
Recent research indicates that the introduction of a new European Union directive on environmental compliance could impose significant financial burdens on Europe’s livestock sector. It is estimated that the costs to comply with these new regulations could reach billions of euros annually. The directive, known as EUDR (EU Deforestation Regulation), aims to combat deforestation while ensuring sustainable production and minimizing negative impacts on the environment.
Furthermore, industry experts express concerns that this new regulation could significantly reduce the competitiveness of European producers, especially when compared to those operating in countries with less stringent environmental standards. This will create additional challenges for local farmers, particularly in the context of global competition.
It is feared that the new rules could lead to reduced production volumes and even higher prices for meat and dairy products for end consumers. Meat and dairy producers will need to adapt to new conditions, requiring substantial effort and investment.
Moreover, there is a risk that some farmers, unable to cope with rising costs, will be forced to close their businesses, resulting in job losses in agriculture and related sectors. Consequently, the new regulation could have a serious impact on rural economies and lead to social issues.
Should the European industry fail to find ways to meet the new requirements, it could lead to a higher dependency on imported products, posing a threat to the region's food security. Experts stress that strategies must be developed to maintain environmental sustainability without jeopardizing the economic interests of local producers.
