Chinese banks and investors funneled billions of dollars into global agribusinesses driving deforestation in the past seven years, according to new analysis published by eco-watchdog Global Witness. The report, released…
In an unprecedented vote, 98% of shareholders of commodities-trading giant Bunge Limited have voted in favor of a proposal made by activist investment funds to strengthen the company’s non-deforestation policies.…
The idea of responsible investing isn’t new. It was born in the 1970s with religious groups that didn't want to see their money invested in sectors like weapons, liquor or…
Financial giant JPMorgan Chase has agreed to expand its policies addressing deforestation after pressure from shareholders, led by the investment group Green Century Capital Management. Green Century strategically invests in…
The European salmon industry's Brazilian soy product supply chain for feed is set to become deforestation-free. According to the Rainforest Foundation Norway, Brazilian salmon-feed supply growers CJ Selecta, Caramuru and…
fExchange-traded funds, or ETFs, have swept through the financial world, building to a collective worth of $6.7 trillion by the second half of 2020. An ETF is a sort of…
The old adage of "money talks" is being given a modern data analysis stress test and applied to the assassinations of civil society activists in the global mining sector. In…
Amid the COVID-19 pandemic, biodiversity conservation funding from tourism and donations has dried up. Yet a new report published by The Paulson Institute, Cornell University, and The Nature Conservancy outlining…
JAKARTA — Two major pulp and paper producers associated with widespread deforestation and land conflicts in Indonesia may also have skimped on $168 million in taxes through a web of…
2020 was supposed to be the year that governments, business leaders and civil society came together to report back on the past decade's worth of progress on addressing the biodiversity…
Some of the world’s biggest banks have invested US$153.2 billion in forest-risk companies in Brazil, Southeast Asia, and Central and West Africa since the Paris Climate Agreement was signed in 2016.
MANILA — The Philippines’ energy department has declared a moratorium on new coal-fired power plants, following a reassessment of the country’s energy system. But while the ban halts applications for…
Georeferencing, a digital process for registering land ownership, is now widespread in South America, but it is high-tech that can be used by landgrabbers and companies to obtain deeds to collective ancestral lands.
ANALAMAZAOTRA NATIONAL PARK, Madagascar — Hobbled by the COVID-19 pandemic, Madagascar’s tourism industry took its first step toward recovery. On Sept. 5, the quasi-governmental agency Madagascar National Parks (MNP) reopened…
Increasing deforestation in the Amazon in 2020 has prompted banks and funds to promise changes in investments that affect the region. Nordea, the largest asset management company in the Nordic…
JAKARTA — A U.N. fund has approved a $103.8 million payment to Indonesia for preventing deforestation-based carbon emissions — its biggest payout yet, and one that critics say can’t be…
Since the Paris climate agreement was signed in 2016, 300 companies at risk for contributing to deforestation have received at least $153.9 billion in financing, according to a new analysis…
For the rangers protecting one of the most threatened species of cattle in the world, a day at the office can involve facing off against poachers or walking a tightrope…
A pork and chicken producer has expanded its operations in northern Ecuador with the help of funding from the World Bank's commercial lending arm, despite sustained complaints from local communities…
JAKARTA — Activists have called on the Indonesian authorities to probe the finances of the Korindo Group, a privately owned conglomerate, in the wake of an investigation that exposed a $22…
Climate change threatens ecological and economic systems. That is why investors are increasingly looking to invest in companies with a plan to address one of the largest drivers of climate…
Conservation science that more effectively serves the goals of protecting and enhancing global biodiversity must shift away from tracking declines and toward devising real-world solutions, a recent study suggests. Too…
Hoang Anh Gia Lai, a publicly listed Vietnamese real estate, energy, mining and agribusiness giant, is at the center of recent allegations of clearing land in Cambodia that had been…
Norway’s Government Pension Fund Global (GPFG) has excluded two of Brazil’s largest energy companies from its portfolio, the fund’s executive board said last week. The decision to divest from mining…
The COVID-19 crisis has wiped out half a billion dollars in expected tourism revenues for Madagascar since January, according to official estimates. For the megadiverse island nation, which struggles with…
Last year, while parts of Thailand, Cambodia, Laos and southern Vietnam experienced a devastating drought, China held abundant water on the Upper Mekong River back from downstream communities, wiping out…
Environmental groups are seeking an injunction against a move by South Korea to bail out a builder of coal-fired power plants, saying the rescue package goes against the country’s climate…
The images are stark. Smogless skies over Los Angeles. A drop in air pollution over northern Italy that’s so sharp it can be seen from space. Emissions from vehicles in…
A major sovereign wealth fund has pulled its entire $12.3-million investment from a Peruvian company that was accused in 2019 of failing to sever ties to a palm oil plantation…
In seeking an alternative to the develop-or-conserve dichotomy that governs policymaking over the Amazon, Brazilian scientists have come up with the Amazonia Third Way, a plan to preserve the region’s biodiversity by supercharging sustainable forestry practices with technology.
