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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

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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

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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
Sustainable agriculture made a crucial contribution to the development of the Maya society. Photo: Diego Delso Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)Diego Delso Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)

Sustainable agriculture was crucial for ancient Maya’s society

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Proper soil and agricultural management enabled the growth of settlements originating in southern Mexico in ancient times, environmental DNA study by U.S. researchers has found
Over two decades, trees in Finnish forests have promoted carbon sequestration in the soil with an average growth of 36 grams per square meter. Photo: Ajattokoj Ahyaj Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)Ajattokoj Ahyaj Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)

Forests, climate and carbon storage: the lesson of Finnish trees

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A 20-year survey by the Helsinki Ministry of Agriculture highlights the role of trees in promoting soil carbon storage. Logging reduces the amount retained. Some species prove more successful than others in sequestration
British forests are sequestering up to 8 tons of carbon per hectare per year. Photo: N Chadwick licensed for reuse under this Creative Commons Licence Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)N Chadwick licensed for reuse under this Creative Commons Licence Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

UK researchers investigate carbon sequestration capacity in forests

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British forests can contribute significantly to climate mitigation. A project aims to define the potential of agroforestry and open the way to a new market
The Congo River Basin is home to one-fifth of the world's plant and animal species. Photo: Corinne Staley Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)Photo: Corinne Staley Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0)

Deforestation in the Congo Basin is growing at an alarming rate

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In 2021, deforestation in the Congo Basin increased by 4.9 percent affecting more than 630 thousand hectares of land. This is a particularly worrying trend, explains the Dutch NGO Climate Focus, when considering the area's importance for climate mitigation and biodiversity
More than 90 percent of deforestation in tropical areas is driven by agriculture. Photo: Kate Evans/CIFOR Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0)Kate Evans/CIFOR Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0)

Land speculation drives deforestation ‘for nothing’ in the tropics

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In tropical regions, agriculture causes up to 99 percent of deforestation. But at least one-third of deforested land gives no contribution to food production, researchers have found
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

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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

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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
In the 21st century, deforestation has erased nearly 10 million hectares of virgin forest in Indonesia. Photo: Peter Prokosch Attribution-NonCommercial-ShareAlike 2.0 Generic (CC BY-NC-SA 2.0)Peter Prokosch Attribution-NonCommercial-ShareAlike 2.0 Generic (CC BY-NC-SA 2.0)

Coal-to-biomass transition fuels deforestation in Indonesia

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In Indonesia increasing deforestation would result in up to 489 million tons of additional emissions, the environmental think tank Trend Asia says. The figure dwarfs the CO2 savings expected with the partial replacement of coal with biomass

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