TRANSCEND MEDIA SERVICE » Banks Increased Deforestation-Linked Investments by $8B during Covid-19: Report

A new analysis of financial data by Forests & Finance, a coalition of NGOs, has found that weak policies and continued major investments in forest-risk sectors are driving deforestation in Southeast Asia, Latin America and West and Central Africa.

They found that compared to the previous year, the total value of investments in forest-risk commodity companies rose by more than 21%, or $8.1 billion. 

TRANSCEND MEDIA SERVICE » Banks Increased Deforestation-Linked Investments by $8B during Covid-19: Report