“Checking deforestation requires respect for our basic rights, which are the rights of all peoples and all human beings. Deforestation is unleashed when our rights are not protected and our lands and forests are taken over by industrial interests without our consent.”
The Trans-Pacific Partnership is a proposed international trade agreement, involving 12 countries and covering a range of topics including intellectual property, the environment and workers’ rights. The TPP has been negotiated in secret for almost four years.
At a meeting last month organised by the Forest Stewardship Council, HSBC’s Francis Sullivan said that if a company doesn’t pass the bank’s sustainability risk tests, then it won’t get a loan.
Norway is by far the biggest donor to REDD initiatives around the world, with two billion dollar deals, one in Brazil and one in Indonesia. But Norway’s Pension Fund invests way more in companies responsible for rainforest destruction.