Soy supply chains in Brazil and Paraguay have been mapped at an unprecedented scale in a new version of the pioneering Trase platform, which lays bare the deforestation and other risks associated with the production of these commodities, as well as opportunities for sustainable investment. The new release of the platform will be unveiled on the sidelines of the Tropical Forest Alliance 2020 General Assembly on 20 March in Brasilia.
Many retailers are at risk of stocking products sourced from cattle raised on recently deforested tropical forest lands. However, some retailers have relatively greater exposure to this problem – as well as greater power to address it.
COP21 has seen rich countries and global financial institutions promise a raft of investments for reforestation and sustainable agriculture in developing countries. The UK, Germany, and Norway pledged $5 billion in total over a 5-year period to support initiatives in countries that can prove their commitment to sustainable agendas. Colombia has announced that it will work alongside the the same 3 donor countries in a $300 million project to reduce deforestation.
As dignitaries negotiate at COP21, forests remain in crisis. Forests provide livelihoods for over a billion people, regulate the water table, and sequester carbon. However, agricultural corporations continue to convert forest to farmland at an unsustainable rate, damaging global water systems and causing over 10% of carbon emissions. Fires have raged in Indonesia since July.
United Nations Headquarters, New York City