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The pledge by ag giants at COP26 to halt deforestation shows an encouraging breadth of signatories but lacks teeth, say deforestation groups.

The pledge by ag giants at COP26 to halt deforestation shows an encouraging breadth of signatories but lacks teeth, say deforestation groups.

The pledge by ag giants at COP26 to halt deforestation shows an encouraging breadth of signatories but lacks teeth, say deforestation groups.

Banks have faced increasing criticism in recent years over their ongoing financial support for environmentally destructive industries, but by tweaking their practices they could become part a critical part of the solution to escalating deforestation and habitat destruction worldwide. That is the core message this month from research by the University of Cambridge Institute for Sustainability Leadership (CISL), which outlines a set of five key actions banks and other financial firms can take to ...

Banks urged to set time-bound targets to tackle deforestation A new report has outlined how banks can take proactive steps to improve traceability and accountability of contributions to deforestation, as part of a first step to accelerating action towards a forest-restorative economy. Some of the worlds largest banks have been linked to industries that are causing mass deforestation and biodiversity loss The new report details an action plan set out by the University of Cambridge Institute for ...