Opinion / #deforestation
Even though the global economy depends on a stable climate and reliable ecosystem services, businesses and financial institutions are not required or incentivised to invest in nature. Central banks and supervisors could change that trajectory simply by fulfilling their financial-stability mandate.
As the UN’s shipping regulator explores ways to decarbonise global shipping, biofuels aren’t the green alternatives they are portrayed to be.
For years, Indigenous communities in Sarawak fought against logging on their lands. Today, they can claim a rare victory as timber giant Samling has withdrawn from logging native forests in the Baram area.
As Indonesia forges ahead with plans to become an advanced economy, an honest reckoning needs to occur, to ensure that it does not squander its vast environmental resources for short-term gain.
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