NABARD ARDNABARD Grade AState AAO
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Context:
India’s marine fisheries sector witnessed a major transformation in 2025!Tap to play · from the C4S channel
With the European Union’s Deforestation Regulation (EUDR) set to come into effect from December 2025, TraceX Technologies, a Bengaluru-based agrifood and climate tech start-up, has launched an Agentic AI-powered tool to automate compliance processes for exporters.
What is the EU Deforestation Regulation (EUDR)?
- Applies to products such as coffee, cocoa, palm oil, soy, rubber, cattle products, wood, and wood-based items.
- Mandates that all such products exported to the EU must be legally sourced and deforestation-free.
Core Features of TraceX’s Agentic AI Tool
- Automated Supplier Onboarding & KYC
- Captures supplier credentials, land ownership documents, and verifies plots using AI-based document and email parsing.
- Plot-Level Geolocation & GeoJSON Validation
- Maps exact farm locations and verifies spatial data (GeoJSON) to ensure plot-level traceability.
- Satellite-Based Risk Assessment
- Uses global satellite datasets (like Hansen and JRC) to check if land was deforested after the 2020 cut-off date under EUDR.
- AI-Driven Risk Scoring
- Provides dynamic risk scoring of suppliers and plots and recommends corrective actions before shipment.
- One-Click DDS Generation & TRACES Integration
- Automates the creation of Due Diligence Statements (DDS) and prepares them in formats compatible with the EU’s TRACES platform.
- Audit-Ready Dashboard
- Offers a centralized system for accessing all compliance data, including supplier details, risk status, location files, and DDS history.
