Banks have invested close to $600 billion into firms linked to tropical deforestation since 2020
Banks and investment funds have provided $595 billion in financing to firms involved in agribusiness and mining in tropical forest…
Deforestation
Deforestation is the permanent conversion of forests to other land uses, such as agriculture, infrastructure or urban development, and is one of the leading drivers of climate change and biodiversity loss. Forests play a vital role in storing carbon, protecting ecosystems and supporting livelihoods, making deforestation a major focus of global sustainability initiatives, corporate climate strategies and environmental regulation. Businesses are increasingly expected to identify and address deforestation risks within their operations and supply chains through stronger due diligence, traceability and responsible sourcing practices.
SustainabilityOnline brings you the latest developments in deforestation, including regulatory updates, corporate commitments, supply chain transparency, responsible sourcing, biodiversity, sustainable agriculture and forest conservation. We explore how organisations are addressing deforestation risks, implementing due diligence processes, improving traceability, supporting nature-positive strategies and preparing for regulations such as the EU Deforestation Regulation (EUDR). We also examine the links between deforestation, climate change, carbon emissions, sustainable finance and corporate sustainability reporting.
Related topics: deforestation, forest conservation, biodiversity, climate change, nature-positive business, sustainable agriculture, responsible sourcing, supply chain transparency, due diligence, traceability, EU Deforestation Regulation (EUDR), corporate sustainability, carbon emissions, sustainable finance and ESG reporting.
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Amazon deforestation during Bolsonaro presidency explored in new study
Brazil heads to the polls this Sunday, with president Luiz Inacio Lula da Silva likely to face-off against Flávio Bolsonaro,…
European Parliament biofuels vote could expose bloc to significant sanctions
MEPs have voted to reject a European Commission regulation that would have removed soy biofuels from the list of renewable…
Hantavirus outbreak highlights importance of forest restoration, says IUCN
The deadly hantavirus outbreak aboard the cruise ship MV Hondius has prompted renewed attention on the connection between ecosystem degradation…
Decision to exclude leather products from EUDR ‘sends a worrying signal’
WWF has welcomed the publication of the EU Deforestation Regulation (EUDR) review package, however it added that changes to the…
Coalition calls for urgent action regarding Amazon Soy Moratorium
A coalition of industry groups, retailers, food manufacturers and associated businesses have issued a statement calling for ‘urgent action’ to…
Danone’s decision to clear woodland in Yorkshire flouts forest-positive commitment, say campaigners
Danone brand Harrogate Spring Water‘s decision to remove woodland in North Yorkshire to expand its bottling plant flies in the…
Incoming EUDR already influencing how firms address commodity-driven deforestation
The incoming EU Deforestation Regulation is already influencing how major firms are addressing deforestation in their supply chains, even before…
Trade relationship between Brazil and China could ‘turn the tide’ for deforestation
Greater trade cooperation between Brazil and China could help to ‘turn the tide’ when it comes to tackling global deforestation,…
Study identifies the food commodities driving deforestation globally
A new study by researchers at Chalmers University of Technology in Sweden has identified the food commodities that are doing…