Forests & Finance coalition launched a briefing webpage to explain what the Taskforce on Nature-related Financial Disclosures is and reveal its major shortcomings
The briefing is part of civil society’s efforts to critique the Taskforce on Nature-related Financial Disclosures (TNFD) and its first draft, exposing how the TNFD could enable widespread greenwashing.
As touristic investments in Komodo National Park increases, local groups warn about the potential consequences of unsustainable tourism.
For years, WALHI/Friends of the Earth Indonesia has been a crucial watchdog of the Indonesian government, which has been criticized for facilitating unsustainable projects in the Komodo National Park. Recently, they are raising concerns regarding tourism developments in and around the Park. WALHI’s paper, "Komodo National Park: The Only Home of Komodo Dragons in Peril,” exposes the negative environmental and social impacts of unchecked tourism development on the Komodo ecosystem and the Indigenous peoples who live in the park.
Mitigation is not enough for the East African Crude Oil Pipeline; threats to several No Go Areas warrant a full stop to the project
A recent article by Al Jazeera highlights the backwards thinking around the East African Crude Oil Pipeline (EACOP), which would pose serious threats to several highly biodiverse and critical ecosystems, including at least four of the Banks and Biodiversity No Go Areas. The project’s key developers, Total Energies and the China National Offshore Oil Corporation, claim to be committed to minimizing the pipeline’s environmental impacts, but turn a blind eye to the fact that EACOP should have been prohibited from the start, by virtue of its location.
A new report from the Environmental Paper Network reveals another case of “Conflict Plantations,” this time in Chile.
The impacts and the needed steps towards solutions of Chile’s pulp and paper industry have been documented in a report released by the Environmental Paper Network together with Colectivo Viento Sur and Global Forest Coalition titled, “Stolen land and fading forests in Chile.” The report is Chapter 3 in a global investigative report series by the Environmental Paper Network titled, “Conflict Plantations.”
Fool’s Paradise: How Biodiversity Offsets Don’t Stop Biodiversity Loss
While biodiversity offsets may seem like a seductively simple solution to a complex problem, “Fool’s Paradise: How Biodiversity Offsets don’t Stop Biodiversity Loss”, a new briefing from Friends of the Earth US, reveals how an offset approach may actually intensify and cause more biodiversity loss by creating the illusion of biodiversity protection.
New Report: Banks Lack Adequate Policies to Protect World Heritage, Internationally Recognized Sites
Friends of the Earth US has published a new report examining how the international banking sector lacks strong, comprehensive policies to protect World Heritage and other internationally recognized sites. Drawing on six case studies, the report calls on financial institutions to adopt the Banks and Biodiversity No Go policy as a first step towards safeguarding the most special and unique ecosystems on Earth.
Civil Society Calls on Nearly 200 Public Development Banks and Financial Institutions to Adopt the Banks and Biodiversity No Go Policy
On November 11th, 2020, the Banks and Biodiversity campaign led 38 civil society groups (CSOs) in calling on nearly 200 public development banks and financial institutions to commit to adopting the Banks and Biodiversity proposed No Go policy. The letter was sent to public development banks and financial institutions participating in the Finance in Common Summit, which took place on November 9-12, 2020, and called on financial actors to take urgent steps to safeguard the world’s last and most critical ecosystems necessary for fighting climate change, preventing biodiversity loss, and containing the emergence of zoonotic diseases.
