Deforestation Finance Prohibition: Binding Due Diligence for Financial Sector
Extend EU-style deforestation regulation to financial sector — requiring banks, asset managers, and insurers to conduct supply chain due diligence before financing forest-risk commodity companies. Annual disclosure: satellite-verified defor
Based on: Deforestation Finance Prohibition: Binding Due Diligence for Financial Sector1
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About This Project
Extend EU-style deforestation regulation to financial sector — requiring banks, asset managers, and insurers to conduct supply chain due diligence before financing forest-risk commodity companies. Annual disclosure: satellite-verified deforestation exposure. Liability: joint liability for verified deforestation financed after 2025. Transition: 2-year phase-in with capacity building for smaller institutions. Impact: $300B+ in deforestation-linked finance subject to accountability.
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Clau469
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