In June 2025, the Taskforce on Nature-related Financial Disclosures (TNFD) and the Global Reporting Initiative (GRI) released a new report with seven case studies of companies. It claims to show how the TNFD is helping companies to “identify risks and opportunities to organizations arising from dependencies and impacts on nature”. This cements a new turning […] The post TNFD’s toxic relationship with Vale appeared first on Forests & Finance.| Forests & Finance
Blog in Portuguese The post Contributions from the Mining Observatory to the Brazilian Sustainable Taxonomy appeared first on Forests & Finance.| Forests & Finance
Originally posted by Reporter Brazil here: Despite the new agroecological lines, a survey shows that most of the rural credit for family farming under the Safra Plan financed a sector with a high environmental impact over the last 30 years. The Lula administration (Workers’ Party) enthusiastically launched the new Family Farming Harvest Plan on Monday (30). […]| Forests & Finance
President Lula today signed the Environmental Licensing Law into law today, but vetoed 63 of the approximately 400 provisions approved by Congress. The controversial bill, known as the “Devastation Bill”, eliminates or reduces requirements for environmental licensing in Brazil. One of the vetoed points was the provision that weakened the liability of financial institutions in […] The post Lula vetoes weakening of financial institutions’ liability appeared first on Forests & Finance.| Forests & Finance
Original post by TuK Indonesia here. The South Jakarta District Court has declared the Desak Mandiri lawsuit filed by TuK INDONESIA against Bank Mandiri inadmissible (Niet Ontvankelijke Verklaard/NO) on formal grounds, citing “lack of parties.” TuK INDONESIA views this verdict, delivered on 17 July 2025, as evidence of the court’s failure to address and deliberate […]| Forests & Finance
Today, the Forests & Finance Coalition welcomes the long-overdue recognition in the new Science Based Targets initiative (SBTi) standard for the financial sector (FINZ) that financial institutions (FIs) addressing climate emissions must address deforestation, not just fossil fuels. The SBTi was established by a group of NGOs in 2015 to support companies in setting emission […] The post Deforestation Gains Long-Overdue Recognition in Financial Climate Standards — But Key Loopholes Remain...| Forests & Finance
Last month, BankTrack, Friends of the Earth US, Foodrise, Rainforest Action Network and Institute for Agriculture and Trade Policy submitted a joint response to a call for input by the UN Special Rapporteur on the right to food on the “concentration of corporate power in global food systems and its implications for the realisation of the right to […] The post Five civil society groups call out corporate power and financial backing behind global food injustice in submission to UN Specia...| Forests & Finance
MUFG’s lack of due diligence raises questions about its zero-deforestation commitments Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG), adopted a policy against peatland destruction, yet one of its bank subsidiaries continues to finance firms that, well…destroy peatlands. Recently, we raised questions about the credibility of MUFG’s zero-deforestation commitments given that it had provided hundreds of millions […]| Forests & Finance
Today, 10 rights-holders and civil society organizations are publicly responding for the first time to the UN Environment Program (UNEP)’s decision to dismiss their complaint about its role in the controversial Taskforce on Nature-related Financial Disclosures (TNFD). The 39-page complaint was filed to UNEP’s Stakeholder Response Mechanism (SRM) on 24 October 2024. TNFD is a […] The post UN Environment Programme fails to investigate its role in the TNFD greenwashing controversy appea...| Forests & Finance
“All around the world, the rich pay less taxes than the poor,” said Dareje Alemayahu, Executive Coordinator of the Global Alliance for Tax Justice, speaking at the Fourth International Conference on Financing for Development (FFD4) in Seville, Spain, this week. “Today we have debt being paid from south to north – this is wealth from […] The post A Modest Proposal to Prevent Tropical Deforestation: Tax the Billionaires (and the corporations they own) appeared first on Forests & Fin...| Forests & Finance
In the blistering Spanish sun on the first day of the Fourth International United Nations Conference on Financing for Development (FF4D), its 110 degrees fahrenheit (43 celsius), making this global forum a de facto tribunal on the climate emergency. Policymakers, bankers, economists and development justice advocates from every country are here to debate the way […] The post Leaving No One Behind? the Heated Landscape of Financing for Development appeared first on Forests & Finance.| Forests & Finance
Jakarta, 18 June 2025 – Eight civil society organizations, both national and international, have submitted amicus curiae documents to the South Jakarta District Court as a form of support for the lawsuit filed by Transformasi untuk Keadilan Indonesia (TuK INDONESIA) against Bank Mandiri. The organizations are BankTrack, Milieudefensie, RimbaWatch, Indonesia Center for Environmental Law (ICEL), […]| Forests & Finance
Blog originally posted here Global food systems account for more than one third of the world’s GHG emissions, with meat, dairy and animal feed production accounting for 60% of this amount. Corporations involved in meat, dairy, and feed production are among the world’s highest emitting. Just five of the world’s largest meat and dairy producers emit more GHGs than Exxon, BP or […]| Forests & Finance
Os bancos e investidores expostos ao risco de desmatamento no Sudeste Asiático, África Central e Ocidental e em partes da América do Sul.| Florestas & Finanças
