Research | Raising the bar: A baseline review of finance sector action on deforestation
Raising the bar: A baseline review of finance sector action on deforestation
3 November 2022
This review found that only a minority of the nearly 600 finance institutions with high-profile climate commitments have taken action on deforestation. A single-commodity deforestation policy was indicative of leadership, while broader industry collaboration will accelerate progress. Financial institutions must eliminate the climate, biodiversity, and human rights risks of deforestation to achieve their net-zero targets.
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