The EU has given Uganda a 40 million euro grant to help Africa’s largest coffee exporter comply with a new EU policy that bars imports of commodities whose production resulted from forest destruction, the Ugandan presidency said.
The grant was announced by Virginijus Sinkevicius, EU Commissioner for Environment, Oceans and Fisheries , as he paid a visit to President Yoweri Museveni, according to a statement sent by the president’s office late on Tuesday.
Uganda’s forest cover plummeted from 24 per cent of the country’s total area in 1990 to 9 per cent in 2015 due to the rampant cutting of trees to feed soaring demand for cropland and wood fuel but aggressive reforestation has since reversed some of the losses.
Europe’s coffee merchants are sleepwalking into a caffeine crisis and seem unprepared for new EU regulations that could lead to soaring prices for consumers, the German Coffee Association has warned. https://t.co/lHkSG8RvyK
— Brussels Signal (@brusselssignal) March 13, 2024
