February 28, 2024
Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation rule, in a move designed to preempt an official review of the regulation next year. UK-based nonprofit Global Canopy says …
February 9, 2024
Brazil subsidized rural insurance for farmers who deforested protected areas, engaged in slavery-like labor or planted in indigenous lands, according to a report from a nonprofit group. An investigation by Repórter Brasil found that farmers benefited from a government-backed insurance …
August 17, 2023
Most financial firms aren’t assessing their portfolio exposure to nature-related risks with the same urgency they use to measure climate impacts, a shortcoming that could lead to higher costs, litigation and a hit to reputations, according to a new report. …
February 27, 2023
Environmental and human rights activist groups said on Monday they had sued BNP Paribas, the eurozone’s biggest bank, for providing financial services to companies they allege contribute to the deforestation of the Amazon rainforest. Brazilian NGO Comissão Pastoral da Terra …
May 13, 2022
Insurer AXA and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro ($1.06 billion) regenerative agriculture fund to be managed by Tikehau Capital, the three groups said on Wednesday. The companies each …
November 2, 2021
GLASGOW – Leaders at the COP26 global climate conference pledged on Tuesday to stop deforestation by the end of the decade and cut emissions of the potent greenhouse gas methane to help slow climate change. On the second day of …
October 15, 2021
French insurer AXA said on Thursday it will invest 1.5 billion euros ($1.74 billion) to support sustainable forest management as part of new commitments to fight deforestation and preserve biodiversity. The announcement comes a day after more than 100 countries …
March 5, 2021
PARIS – Environmental groups and indigenous activists from the Amazon region filed a lawsuit Wednesday in a French court alleging that France-based supermarket chain Groupe Casino is violating human rights and environment rules by selling beef linked to deforestation and …
June 24, 2020
A group of 29 global investment firms that manage $3.7 trillion are demanding meetings with Brazilian diplomats around the world to call on right-wing President Jair Bolsonaro’s government to stop soaring deforestation in the Amazon rainforest. The investors, led by …
April 1, 2011
The following is a synopsis of the subjects for a debate on climate change and the proposals made at the Cancun summit last December. LONG-TERM ACTION ON EMISSIONS The accord “recognizes that deep cuts in global greenhouse gas emissions are …