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The UK financial sector’s exposure to deforestation

Risky Finance

This report from conservation charity WWF-UK finds that the UK’s financial sector is heavily involved in investing in and lending to companies that trade commodities with a high risk of creating deforestation, including soy, palm and beef. It calls for stricter government regulation, including mandatory due diligence for all companies in the supply chain including financiers, hefty penalties, and stronger informed consent provisions for Indigenous communities.

Read the full report, Risky Finance: The UK financial sector’s role in financing deforestation and conversion, here. See also the TABLE explainer Food systems and contributions to other environmental problems.

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