Global Witness response to G7 Nature Compact agreement
The G7 leaders’ Nature Compact has rightly recognised they need to do more to safeguard forests. This must now be backed up by all G7 members, and other key consumer countries, bringing forward legislation to end their countries’ complicity in global forest destruction ahead of COP26.
Chinese banks are pouring billions into destructive agribusiness linked to global deforestation
Global Witness reveals today that Chinese banks are failing to take adequate measures to ensure their money is not contributing to environmental destruction
Cross-party support for UK Environment Bill to tackle role of UK banks in funding global deforestation, with £900m funnelled into forest-risk commodities in 2020
As the UK Environment Bill is debated in Parliament today, MPs, civil society and indigenous leaders in forest-rich countries are calling for the legislation to be strengthened to tackle the crucial role of the UK financial sector in bankrolling global deforestation.
World leaders must commit to holding climate-wrecking industries and their financial backers to account
The world can’t solve the climate crisis if leaders are unwilling to name the main culprits, let alone have the courage to take on these powerful industry interests.
New report on finance sector’s response to deforestation shows failure of voluntary banking initiatives to tackle deforestation and need for government regulation
Voluntary banking initiatives like the Soft Commodities Compact have clearly failed to rein in banks’ financing of global deforestation, which is helping drive the climate crisis, biodiversity loss and human rights abuses around the world.
Major global banks complicit in widespread destruction of the Amazon rainforest linked to Brazilian beef companies, and international audits flawed
Major Brazilian meat traders are failing to remove huge swathes of Amazon deforestation from their supply chains, which flawed audits by DNV-GL and Grant Thornton then did not pick up
Global Witness response to UK government announcement on new deforestation law
While we welcome the UK government’s commitment to introduce legislation to tackle the UK’s role in global deforestation, the government’s proposals do not go far enough.
Global Witness welcomes landmark report from European Parliament on tackling EU’s role in global deforestation
This ground-breaking report is a clarion call for the EU to step up and tackle its role in global deforestation.
Preserving climate-critical forests with the support of Arcadia
Global Witness is very pleased to announce a new grant of £1.5million from Arcadia, a charitable fund of Lisbet Rausing and Peter Baldwin. This three-year grant (2020–2023) will support our Forests Campaign, which aims to preserve the worlds’ most climate-critical tropical forests by tackling the finance that is bankrolling deforestation.
Global Witness, BankTrack and 19 other civil society organisations call on UK government not to leave finance out of a proposed new law on deforestation
Today, over twenty organisations sent an open letter to the UK government calling for the finance industry not to be left out of a proposed new law to tackle the UK’s contribution to global deforestation
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