Most Agribusinesses and Banks Involved With ‘Forest Risk’ Commodities Are Falling Down on Deforestation, Global Canopy Reports

They haven’t made commitments to stop deforestation related to beef, soy, palm oil and timber, and many of those that have aren’t following through.

By Georgina Gustin

Many of the world’s biggest banks, financial institutions and companies are not doing enough to stop deforestation, and in many cases are continuing to bankroll forest destruction, undermining efforts to stop a major driver of global carbon emissions, a new report has found.