"The Financial Sector's Exclusion From the EUDR: Evaluating the Influence of Discourse Coalitions"

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2025-03-09

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en

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Abstract

In April of 2023, the European Union adopted a Legislative Resolution for a new Deforestation Regulation (EUDR), in which the financial sector is not included in the scope of the legislative text. As the impact of the financial sector as a driver of deforestation has been established, the exclusion of the sector is of societal interest. In the European Parliamentary Resolution, a request for the inclusion of the financial sector in deforestation legislation was made. During the development of the EUDR, the potential inclusion was considered and advocated for by certain actors; but ultimately decided against. This study provides an overview of the process of the development of the EUDR, followed by an analysis of the development of discourse coalitions regarding the inclusion of the financial sector, and the arguments used, methodologically drawing from Argumentative Discourse Analysis. A record number of responses to the Public Consultation regarding the legislation were received, offering a rich data source for such discourse analysis. Whereas discourse coalition formation regarding the inclusion of the financial sector emerged, the findings do not show a strong exclusion narrative. The study concludes there may have been a ‘quiet opposition’ which became dominant during the development of the legislation.

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Faculteit der Managementwetenschappen