No Go area 4: Primary and vulnerable secondary forests details how banks and financiers are driving forest degradation and deforestation by financing sectors tied to high forest risks. The paper urges banks and financiers to stop financing deforestation and forest degradation by developing robust forest policies which also protect forest dwelling local and Indigenous communities.
During COP15, International Rivers in partnership with Guinean organization, CECIDE, released a new fact sheet, “Guinea’s Koukoutamba Dam: A White Elephant in the Making,” which reveals the anticipated environmental harms from the Koukoutamba Dam under preparation in Guinea.
This week, Friends of the Earth International (FOEI) released a statement to express disappointment over the new Global Biodiversity Framework (GBF), which was finalized during the Convention on Biological Diversity’s Conference of the Parties (COP15) this month.
On December 15, 2022, 90 civil society groups from Asia, Africa, Latin America, and the world called on Chinese authorities and actors to protect biodiversity and people in its overseas investments.
禁入区域二：该简报呼吁银行和金融机构通过禁止对可能损害这些地区的项目进行融资，以保护国家和次国家认可的地区，例如公园、保护区、纪念馆、纪念碑、保护区等。该简报提供了有关投资国家认可领域相关风险的重要经验教训，以及银行和金机构家如何采取更多措施来保护这些领域免受不可持续发展和项目的影响。
On December 9, 2022, Brazilian and international civil society organizations (CSOs) wrote a letter to the International Finance Corporation (IFC, an arm of the World Bank) to not approve the proposed US$900 million loan forCivil society organizations urge the IFC to reject proposed loan to expand pulp plantations in Brazil’s Cerrado.
No Go area 3: Key Biodiversity Areas and habitats with endangered and endemic speciescalls on banks and financiers to prohibit direct and indirect financing to activities and projects which may harm these critical areas.
No Go area 2: Nationally recognized areas calls on banks and financiers to protect nationally and sub-nationally recognized areas, such as parks, reserves, memorials, monuments, preserves, among others, by prohibiting direct and indirect financing to activities and projects which may harm these areas. This paper provides key lessons on the risks associated with investing in nationally recognized areas, as well as on how banks and financiers can do more to protect these areas from unsustainable development and projects.
Friends of the Earth US’ new briefing paper, “Protecting Biodiversity from Harmful Financing: Internationally-Recognized Areas,” details the critical role of banks and financiers in protecting internationally recognized areas, such as World Heritage sites, IUCN category sites, UNESCO Biosphere Reserves.
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