by Matteo Cavallito<\/p>\n
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Deforestation<\/strong> is not just a driver of climate change<\/a> and a threat to food security but also a potential time bomb for financial<\/strong> investors<\/strong>. By betting on the sectors involved in indiscriminate exploitation of resources, in fact, financial players are likely to face huge losses in the future. Just like their peers still exposed on the fossil sector. So suggests a study<\/a> by UN Climate Change High-Level Champions<\/strong>, an organization sponsored by the United Nations to help achieve the Paris climate goals.<\/p>\n According to the authors, a rapid shift in land use appears no less necessary than the energy transition. “Forest, land and agricultural industries,” the report says, “contribute 22% of global emissions<\/strong> \u2013 the second highest emitting sector after energy”.<\/p>\n