Are financial institutions ignoring deforestation?
18 Feb 21
Sarah Rogerson, Emma Thomson and Ian Welsh
Sarah Rogerson and Emma Thomson from Global Canopy talk with Innovation Forum’s Ian Welsh about the conclusions of the latest Forest 500 report. 2020 no-deforestation targets were universally missed, and the new research highlights a lack of deforestation commitments from investors and the finance sector in general, particularly in North America.
Forest 500 also shows that perhaps recent focus on palm oil has led to more commitments in that sector than, for example, soy and other commodity supply chains with significant deforestation risk.