The Role of the Financial Sector in Deforestation-free supply chains
Ending tropical deforestation is critical to achieving the objectives of both the Paris Climate Agreement and the UN Sustainable Development Goals.
In 2014, the world lost 18 million hectares of tree cover, largely driven by the production of agricultural commodities. The Tropical Forest Alliance 2020 is a global public-private partnership dedicated to collaborative action to realize sustainable rural development and better growth opportunities based on reduced deforestation and sustainable land use management in tropical forest countries. The Alliance includes more than 90 partners representing the private sector, governments, civil society organizations, indigenous peoples groups and multilateral organizations who are committed to reducing tropical deforestation associated with the production of palm oil, soy, beef and pulp and paper. TFA 2020 fosters cross-sector collaboration and involves working across Latin America, West andCentral Africa and Southeast Asia to implement these commitments. Action areas for 2017 include:
When big agricultural traders team up with local organizations to promote sustainable forests, countries listen.
The sustainable production of beef, soy, palm oil and paper offers a way out for imperiled forests and a $200 billion investment opportunity, according to a new report.