Why did only 30 firms sign up to tackle deforestation?

13,200 sq km of rainforest razed in a year

Kathleen Gallagher
clock • 4 min read

The pace of destruction of the Amazon rainforest is at its worst since 2006 and yet only 30 financial institutions signed up to the deforestation pledge that came out of COP26. What is holding firms back and what is being done to encourage them to tackle the issues?

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Sustainability 'pioneer' Stewart Investors shuts its doors after 38 years
ESG

Sustainability 'pioneer' Stewart Investors shuts its doors after 38 years

Responsibilities transferred to affiliate

clock 03 August 2026 • 1 min read
Schroders' Andy Howard: The case for transition investing in a fragmented world
ESG

Schroders' Andy Howard: The case for transition investing in a fragmented world

Under-priced by markets

Andy Howard
clock 31 July 2026 • 3 min read
Partner Insight: Beyond labels - four capabilities that could help advisers build better portfolios
ESG

Partner Insight: Beyond labels - four capabilities that could help advisers build better portfolios

Beth Goldsmith, Responsible Investment Director at Royal London Asset Management, on why capability—not labels—should drive responsible investment decisions

Beth Goldsmith, Responsible Investment Director, Royal London Asset Management
clock 30 July 2026 • 6 min read
Trustpilot