Commodity traders face tighter due diligence rules as EU finalises deforestation law
17-05-23 / by Jenny Messenger
The EU has finalised reforms aimed at cutting deforestation risk, meaning traders of commodities including...deforestation
Greater action on deforestation pledges needed to halt Amazon loss, study finds
26-04-23 / by Jenny Messenger
Half of cattle-driven forest clearance in the Brazilian Amazon could have been avoided by the...
Financial institutions lag behind on deforestation policies, report finds
15-02-23 / by Jenny Messenger
Financial institutions without any deforestation policies invested US$3.6tn in some of the companies most at...
Lula pledges to stop deforestation, seeks financing from developed nations
23-11-22 / by Jenny Messenger
Brazil’s President-elect Luiz Inácio Lula da Silva promised at the Cop27 climate summit to reverse...
Mandatory rules needed to cut deforestation financing, says GFANZ chief Carney
09-11-22 / by John Basquill
Former central bank governor Mark Carney has acknowledged that voluntary standards produced by the Glasgow...
EU lawmakers target trade finance lenders in proposed deforestation reforms
13-07-22 / by John Basquill
Banks that finance the production, import or export of commodities could be dragged into incoming...
European lenders criticised for bankrolling rubber industry deforestation in Africa
22-06-22 / by Felix Thompson
A new report warns European banks and tyre manufacturers are “propping up” widespread deforestation by...
EU deforestation crackdown targets commodity traders, but not banks
24-11-21 / by John Basquill
The European Union has tabled reforms requiring traders and producers to assess commodity supply chains...
Cop26: Climate finance progress made, but doubt lingers over big promises
10-11-21 / by Jacob Atkins
After almost two weeks of frantic activity in Glasgow, the 2021 UN Climate Change Conference...
Bank financing for agribusiness giants drives deforestation: campaign group
27-10-21 / by Jacob Atkins
A campaign group says banks are helping fuel deforestation and environmental crimes by financing major...