11 November 2009
WWF’s Global Forest & Trade Network (GFTN) plans tolaunch investment screening guidelines for financial investors in the upcoming months to encourage support for responsible forest finance. WWF believes failure by the world’s financial leaders to support responsible forest finance will allow deforestation to continue. WWF is also calling for zero net deforestation by 2020.
The new guidelines will identify key environmental and social principles and criteria that need to be considered in all investment decisions pertaining to the forest sector, such as timber, pulp and paper, and other sectors whose activities impact forests, including palm oil cultivation and mining.