Source · Select Committees · Environmental Audit Committee
Recommendation 27
27
Paragraph: 92
UK financial sector contributes to deforestation, impeding net zero commitments.
Conclusion
The UK financial sector is a direct and indirect contributor to financing deforestation. Financial institutions cannot meet their deforestation policies or their net zero commitments without also addressing their exposure to deforestation through the companies they finance.
Paragraph Reference:
92
Government Response
A response document is linked to this report, dated 26 March 2024. Response attribution to this conclusion has not been verified. Read the response document ↗