WWF: Responsible forest finance can help stop climate change

11 November 2009

 Buenos Aires, Argentina — Failure by the world’s financial leaders to support responsible forest finance will allow rampant deforestation to continue and contribute to the disastrous effects of climate change.

WWF’s Global Forest & Trade Network (GFTN) and the Finance Alliance for Sustainable Trade (FAST) on Thursday asked global financial institutions to take a leading role in stopping climate change during the XIIIth World Forestry Congress, taking place this week in Buenos Aires, Argentina.

WWF’s GFTN also announced that it will launch Investment Screening Guidelines for Financial Investors in coming months to encourage support for responsible forest finance.