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According to the study, 40 percent of businesses and companies that contribute the most to deforestation have not yet developed a plan to reduce their impact on the phenomenon. Photo: Andrew Taylor/WDM Attribution 2.0 Generic (CC BY 2.0)Andrew Taylor/WDM Attribution 2.0 Generic (CC BY 2.0)

4 out of 10 companies have made no commitment against deforestation

According to Global Canopy 201 of the 500 companies and financial firms most exposed to deforestation have taken no action to address the problem. Financial institutions perform worse than non-financial companies
Venezuela's President Nicolas Maduro is accused of promoting deforestation and human rights violations with his economic initiatives. Photo: Av Joka Madruga/Terra Livre Press Navngivelse 2.0 Generisk (CC BY 2.0)Av Joka Madruga/Terra Livre Press Navngivelse 2.0 Generisk (CC BY 2.0)

Out-of-control mining fuels deforestation in Venezuela

Mining exploitation in Venezuela has doubled the rate of deforestation in five years. A phenomenon fueled by guerrillas in neighboring Colombia with the acquiescence of president Maduro's government according to NGOs
Pandemic outbreak in 2020 has not slowed deforestation globally. Photo: Astro_Alex ESA/A.Gerst, CC BY-SA 3.0 IGOAstro_Alex ESA/A.Gerst, CC BY-SA 3.0 IGO

Global lockdowns during Covid-19 outbreak did not curb deforestation

Alliance of Biodiversity study: deforestation in 2020 followed expected trends based on historical data. A sign of how closures have not affected the phenomenon
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
In 2020, deforestation in the Peruvian Amazon affected 2,032 square kilometers of land, up from 548 in 2019. Photo: Shao Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)Shao Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)

Deforestation and drug trafficking threaten Peru’s communities

Deforestation has affected an area of 680 square kilometers between the Huánuco and Ucayali regions in the center of the country. Between 2013 and 2021, the territory lost 15 percent of its tree cover
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
Worldwide, soy cultivation promotes the deforestation of 4,800 km2 of land every year. Photo: Hippopx public domain CC0 1.0 Universal (CC0 1.0)Hippopx public domain CC0 1.0 Universal (CC0 1.0)

Corporate commitments alone can’t stop soy-led deforestation

In 10 years, the moratorium on Brazilian soy derived from deforested land has saved just 2,300 km2 of forest, an international study says. "Supply chain governance should not be a substitute for state-led forest policies," researchers explain
The Federal Supreme Court (Portuguese: Supremo Tribunal Federal) is Brazil's supreme court. It serves as both a court of appeal and a constitutional court, and its rulings are not subject to appeal. Photo: Rob Sinclair CC BY-SA 2.0Rob Sinclair CC BY-SA 2.0

Brazil Supreme Court restarts the Amazon rainforest Fund

Former President Bolsonaro had blocked it in 2019. The country's highest court ruled that the financial vehicle must be operational again within 60 days. After his reelection at the end of October, Lula will thus have at his disposal a fund with credits worth more than $20 billion
During Jair Bolsonaro's presidency, deforestation of the Amazon has accelerated. Photo: Isac Nóbrega/PR Attribution 2.0 Generic (CC BY 2.0)Isac Nóbrega/PR Attribution 2.0 Generic (CC BY 2.0)

Brazilians choose their president and the fate of the Amazon forest as well

In Brazil the future of nearly 76 thousand sq. km. of the Amazon depends on the October 30 ballot, a study released by Carbon Brief states. That is the amount to the expected deforestation decline if former President Lula succeeds
The Madre de Dios region in the Peruvian Amazon hosts the community project supported by CESVI and Lavazza Foundation. Photo: Yoly Gutierrez/CIFOR Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0)Yoly Gutierrez/CIFOR Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0)

Amazon forest, a walnut can make a difference for local economy and climate change

Supported by CESVI and the Lavazza Foundation, Peruvian indigenous communities are finding in the Amazon nut a new opportunity for empowerment. With positive impacts on the economy and the climate

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