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Forests & Finance website. Photo: Forests & FinanceThe Forests & Finance platform is the result of research and investigations by a coalition of campaign and research organizations including BankTrack, Rainforest Action Network, TuK INDONESIA, Profundo, Amazon Watch, Repórter Brasil, Sahabat Alam Malaysia, and Friends of the Earth US. The coalition seeks, collectively, to achieve improved financial sector transparency, policies, and systems that prevent financial institutions from supporting environmental and social abuses that are all too common in the operations of many forest-risk sector clients.
The website highlights the role that finance plays in enabling tropical deforestation and reveals the finance flowing into the main commodities driving deforestation and land degradation in Southeast Asia, Central and West Africa, and Brazil. These commodities are palm oil, pulp and paper, timber, soy, beef, and rubber. The website features a searchable database on financier-client deals from 2013 onwards, scorecards on bank policies relevant to forest-sector environmental, social, and governance (ESG) risks, and case studies on companies linked to deforestation and human rights abuses. The content of the website is updated on a regular basis. For further details on the project, case studies, data sources, and methodology, please visit forestsandfinance.org.
You can contact the coalition at info@forestsandfinance.org.