Capital Flows, Policy and Regulation

The financial reality of deforestation

Protected by law, several Brazil nut trees are left behind after controlled deforestation in a portion of the Amazon jungle that sits along BR 364, between the cities of Rio Branco and Senador Guiomard, Brazil, on Thursday, Sept. 18, 2014. The United Nations 2014 Climate Summit is scheduled for Sept. 23. Photographer: Dado Galdieri/Bloomberg

More than 100 world leaders have committed to halt and reverse deforestation at COP26, but signatory and Brazilian president Jair Bolsonaro’s pledge to only stop “illegal” deforestation by 2030 has been criticised as lax. Here are the numbers behind the dangerous degradation of the world’s largest rainforest and the financial sector ...

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