In its third set of annual results, the Global Canopy Programme’s Forest 500 initiative concludes that more government and financial institution action is needed to help companies achieve deforestation-free supply chains
New report from the Global Canopy Programme and CDP concludes that Consumer Goods Forum members outperform non-members on moving towards zero deforestation. However, further action across commodities is required to realise the CGF’s collective commitment to transition to deforestation-free supply chains by 2020.
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.
Soya: a hot commodity
The Amazonian region faces some tough trade-offs about the way natural resources are used, and climate change is only creating more pressure, say David Sabogal and Helen Bellfield of Global Canopy Programme. Contributions from Rachel Mountain and Alex Morrice. Their work is part of a CDKN-supported project that aims to improve climate-related security in the region.
It takes an incredible amount of intelligence, creativity, and team-work to produce and extract oil from plants grown in the tropics, transport it around the earth, and transform it into something you can buy for a couple of dollars and squeeze onto a toothbrush as the sun rises in Berlin, Beijing or Boston.
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.
World Wide Fund for Nature, EcoAgriculture Partners, The Nature Conservancy, IDH – The Sustainable Trade Initiative and the Global Canopy Programme publish Little Sustainable Landscapes Book
Rainforest Ratings Agency Shows that Majority of Companies and Investors are yet to Recognise Their Role in the Deforestation Economy.
Current methods to tackle deforestation aren’t working. The statement may be blunt but, with 6.6 million hectares of natural forest lost since 2010, it’s hard to dispute.
Understanding current methods of forest protection