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At the COP26 climate conference in Glasgow in 2021, 145 countries – representing 90% of the worlds forests – signed a deforestation pledge, committing to halt and reverse global deforestation by 2030. At COP26, the UN also set a deadline for companies and financial institutions to eliminate commodity-driven deforestation by 2025.
Besides, the pandemic has postponed the momentum towards COP26 or climate change movements like Greta Thunberg’s Friday’s for future. In 2020, more than 9,600 companies disclosed their environmental impacts through the non-profit CDP platform. Besides, the global responsible investing driven assets hit $40.5
Between August 2020 and July 2021, deforestation in Brazil’s Amazon rainforest reached its highest level since 2006, with 13,235 square kilometres of rainforest destroyed, according to Brazil’s space research agency INPE. What did world leaders commit to do at COP26 to stop deforestation?
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