The figure emerges from an analysis released together with the proposed Soil Directive presented by the EU Commission in early July. Photo: Sébastien Bertrand Attribution 2.0 Generic (CC BY 2.0)Sébastien Bertrand Attribution 2.0 Generic (CC BY 2.0)

A sustainable soil pays off as enefits exceed costs by 1.7 times, EU says

The figure is included in the Impact Assessment accompanying the proposed EU Soil Directive. Between now and 2060, the sustainable management of the continent's land will generate a positive balance of EUR 320 billion
In the EU, says the European Environment Agency, the economic benefits from the restoration of continental ecosystems amount to approximately EUR 1,860 billion. Photo: Jacek Karczmarz Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)Jacek Karczmarz Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)

Environment restoration in the EU is worth almost 2 trillion euro

This is reported in a briefing by the European Environment Agency, which also calculates the return on investment for terrestrial ecosystems: every euro spent guarantees an economic return of between 8 and 38 euros
BNP Paribas is the bank that has contributed the most to deforestation in the Amazon with i456 million euros invested in a decade in the soybean, beef and palm oil sectors. PHOTO: Can Pac Swire CC BY-NC 2.0.PHOTO: Can Pac Swire CC BY-NC 2.0.

French banks criticized as they financed deforestation with more than €700 mln

NGO's accusation: banks BNP Paribas, Société Générale, Crédit Agricole and the Banque Populaire et Caisse d'Epargne group allegedly financially supported the beef and soy bean giants responsible for Amazon deforestation
Pulp and paper sector is one of the major drivers of deforestation in Indonesia. Photo: Sofi Mardiah/CIFOR Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0)Sofi Mardiah/CIFOR Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0)

Banks’ support for deforestation grew since Paris Agreement

Since the Paris Agreement of 2015, three hundred corporations contributing to commodity-related deforestation have received $267 billion in funding, according to the NGOs coalition Forests & Finance. Amazon and Southeast Asia are the epicenters of this phenomenon
By betting on sectors involved in deforestation, financial operators risk huge losses. Photo: Preston Keres USDA CC0 1.0 Universal (CC0 1.0) Public Domain DedicationPhoto: Preston Keres USDA CC0 1.0 Universal (CC0 1.0) Public Domain Dedication

Financial damage from deforestation may be worse than 2008 downturn

Deforestation poses enormous risks for investors, says a UN research. By 2030, companies at the center of the global food supply system could lose up to 26 percent of their value
Russia's wheat and grain harvest in 2023 will be lower than last year. Photo: pxhere Sheikh Rayhan CC0 Public Domain Free for personal and commercial use No attribution requiredpxhere Sheikh Rayhan CC0 Public Domain Free for personal and commercial use No attribution required

Fears for global supply grow as drought hits crops in Russia

Drought reduces sowing in Russia fueling implicit concerns for the world market. But the phenomenon also affects the rest of the Planet. And war threatens to further damage exports
UK pension funds reportedly invest £300 billion in companies linked to deforestation. Photo: Maher Najm Public Domain Mark 1.0Maher Najm Public Domain Mark 1.0

UK pension funds back deforestation with £300 billion investments

According to Make My Money Matter campaign, 20% of UK pension fund investments support companies involved in deforestation. A move that puts the future of the Planet and the very financial stability of operators at risk
By protecting its vast grasslands, Canada can reduce carbon emissions and meet its climate goals: Photo: Bernard Spragg CC0 1.0 Universal (CC0 1.0) Public Domain DedicationBernard Spragg CC0 1.0 Universal (CC0 1.0) Public Domain Dedication

Soil conservation in Canada can save 78 million tons of CO2

By 2030, Canada aims to invest CAD $4 billion in "nature-based solutions" to reduce emissions. Conservation efforts and best practices for grasslands, peatlands, agricultural fields and forests are the main initiatives
Bioherbicides will be the industry that will drive the global growth of the broader biopesticide market between now and 2025. PHOTO: Pixabay.

Biopesticides, a 4.5 billion dollar market

The forecast is contained in an analysis carried out by the research company Technavio. The expected average growth rate is 17% on a five-year basis. To push the biopesticides sector the negative sides of conventional products of chemical origin in environmental and health terms, in addition to the spread of organic agriculture
"The EU must encourage carbon removal and support carbon credits," according to European Agriculture Commissioner Janusz Wojciechowski (photo). Image: CC-BY-4.0: © European Union 2019 - Source: EP© European Union 2019 - Source: EP CC-BY-4.0:

Brussels is working on carbon credits, as certification framework is still undefined

The EU Commission aims to draw up the required guidelines for the calculation and recognition of credits in the carbon farming sector by the end of the year. The matter is complicated as companies pressure raise doubts on deadline compliance.