Summary
This white paper looks at why financial institutions are not taking enough action against deforestation. The paper focuses on four challenging areas and recommends further steps towards financing deforestation-free commodities. Data was collected through interviews conducted with experts from financial institutions, global and regional banks, and asset managers, focusing on current policies and challenges financial institutions face. The report concludes with recommendations such as financial institutions should explore new financial products like green bonds or impact funds, and they should develop robust policies and procedures and financial institutions should support the uptake of certification.