Articles Tagged: GCAS Newsroom

The deforestation risks lurking in the banking sector

Are financial institutions overlooking a critical climate risk? Deforestation and forest degradation account for around 15% of human-made emissions, second only to fossil fuel combustion. More than half of deforestation is the result of the production of commodities such as soy, palm oil, pulp and paper, and cattle products. Read more from Celine Herweijer, UK PWC partner.

Foundations alliance commits $459m to support of forests, lands and rights for climate change goals

In an announcement to coincide with this week’s Global Climate Action Summit in San Francisco, a group of 18 foundations committed to step up support for initiatives that have the potential to slow climate change. These include land use policies that help achieve climate targets; agricultural production that supports sustainable food; and indigenous people’s management of forests.