"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

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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.
Commodity companies are among the main contributors to Amazon deforestation. Photo: Charles Edward Miller Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

Investment funds don’t leave Brazil despite Amazon deforestation, FT writes

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According to the Financial Times, more than a year after the appeal against the Brazilian government, most of the major firms are still investing in companies linked to the deforestation of the Amazon
Great Green Wall of the Sahara and the Sahel Initiative

Africa, the Great Green Wall is an excellent economic investment too

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A cost-benefit analysis of the Green Great Wall project in the Sahel has been published in Nature Sustainability. Every dollar invested produces an average return of $ 1.2, peaking as high as $ 4.4. Despite the harsh climatic conditions
Palm oil was the most financed sector by Dutch banks. Photo: Pixabay License Free for commercial use Attribution not requiredPixabay License Free for commercial use Attribution not required

Dutch banks lead the European credit to deforestation

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From 2016 to 2020, lenders in the Netherlands financed global deforestation with more than €3 billion. Palm oil and soybeans the main beneficiaries
The loss of nature's biodiversity is widening the divide between countries, social groups and generations. Photo: LLs Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)LLs Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)

Vause: “Nature’s exploitation is fueling inequality”

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The remarks of the UN economist at the European Environment Agency: "Protecting nature means fighting inequality between nations, the social gap and the generation divide". Climate mitigation and biodiversity protection are crucial
A protest in front of Brazil's consulate in San Francisco, USA, in 2019. Campaigners' demands on President Jair Bolsonaro have been joined by large investors' pressure. Photo: Peg Hunter Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)Peg Hunter Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)

Financial firms put pressure on Bolsonaro: “Brazil must save the Amazon”

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A large group of investment funds asks Brazil for more commitment to the protection of its forests. FT: "It's time to give a signal".
According to ECB, the failure to prevent climate risk could cost the European economy a 20% loss of GDP by the end of the century. Photo: Piqsels.com, public domainPiqsels.com, public domain

Twin crises climate & biodiversity loss may cost tens of billions a year

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Environmental damages impact on the European economy. EU Funds are at risk: "Just 11% of them are truly green".
Last year, the Guardian claims, UK banks' support to companies involved in deforestation amounted to £900 million. Photo: Dikshajhingan Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)Dikshajhingan Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)

UK banks criticized for their support to deforestation

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Guardian: Banks are funding global deforestation. The new law under discussion in UK is not expected to solve the problem.
Costa Rica unveiled two measures designed to re-carbonise soils, and cash environmental services under the RECSOIL program. Photo: Åsa Berndtsson Attribution 2.0 Generic (CC BY 2.0)Åsa Berndtsson Attribution 2.0 Generic (CC BY 2.0)

How Recsoil operation is promoting soil quality in Costa Rica

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Costa Rica wants to increase soil carbon capture through the Recsoil program. With climate neutrality looming in the background

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