Agriculture and deforestation, largely driven by livestock production, are responsible for nearly 30% of global GHG
“Animal protein and even dairy is likely, and already has started to become, the new oil and gas,” - Bruno Sarda, the former North America president of CDP.
“Animal protein and even dairy is likely, and already has started to become, the new oil and gas,” - Bruno Sarda, the former North America president of CDP.
JP Morgan Chase, Wells Fargo, Citigroup and Bank of America— and other major global banks continue to funnel dollars into companies that trade in “soft commodities,”including beef, soy, timber and palm oil, that are linked to the destruction of forests and important ecosystems.
Financial institutions are behind companies in setting commitments and policies on deforestation. Of the 150 financial institutions assessed, nearly two thirds had no financing policy for any of the four key forest-risk commodities
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