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Showing posts with the label rainforests

When Finance Drives Destruction

Tackling climate change means stopping the funding of rainforest destruction, says a significant study commissioned by the World Wildlife Fund.  The UK's financial services have provided directly over £8.7 billion to 167 different traders, processors, and buyers of forest-risk commodities (cocoa, rubber, timber, soy, beef, palm oil, pulp & paper) from 2013 to 2021.   With direct and indirect investment,  the figure rises to a staggering £200 bn.  Whilst not all that investment is in destructive projects,  the study concludes there is little transparency on the risk.  Finance is the oil in the economic machine.  But it also drives decisions. We all know the importance of money. We borrow to invest. So much depends on it, such as company pensions.  Do we really know what our pension pots are doing? We invest for the future. But what kind of future? Is all investment good?  Much investment is bad. Investment drives the nature of our economy....

Greening international supply chains?

The Thin End is more often critical of government than supportive.  But we should be supportive when governments make positive moves to protect the environment and combat climate change.  Last month plans to clamp down on illegal deforestation and protect rainforests were published by the United Kingdom government.  They went virtually unheralded in the media.   The publication is part of consultations for a  new law to clean up the UK’s supply chains.  If the government is sincere in its intent, and if they don't let them fall in the pursuit of dodgy trade deals, then they are a bold move that should be welcomed.  As we have repeatedly said on the Thin End, it is world trade that drives the destruction of rainforests.  This move is an acknowledgement of that fact.  How is more important than whether we trade.  Our rainforests are essential to our living planet.  So, what would the UK government's plan do? The proposals would prohib...

The Orangutan - People of the Forest

These are the People of the Forest - the Orangutan, natives of Indonesia and Malaysia, inhabiting the rainforests of Borneo and Sumatra.  Their long arms and short legs, and their hands and feet are adapted for agile life in the trees.  The most solitary of the great apes, they nonetheless have an acute social intelligence, with distinctive group cultures.  Their intelligence is shown by their sophisticated use of tools.  They are toolmakers, these people of the trees. If aliens from another world ever came to the planet earth, they would recognise this intelligence.  But another aspect of their intelligence would also be evident.  They communicate abstract concepts. This is particularly so when mothers are teaching their young.  Not only do they inform the young about the presence of danger, but they will also teach them that something that has happened was dangerous.  This, of course, is what we do with our children.  Learning isn't all wor...

Fires increasing loss of rainforests

We are aware of increasing news reports of forest fires across the globe, but how more frequently do they occur?  A new analysis from WWF and the Boston Consulting Group reveals the number of global fires has increased by 13% compared to 2019 – already a record year.  In addition, the latest data from Brazil reveals fires in the Amazon for this year are 52% up on the ten-year average and almost a quarter (24%) higher than that for the past three years.   Deforestation alerts are a third higher than last year, increasing the risk of fires. WWF-UK is now launching an appeal to fund work in the Amazon. Last year more than 148 indigenous communities were affected and this year they are vulnerable to the dual threat of Covid-19 and fires. 1,453 fires have already torn through indigenous territories in the Amazon in the first seven months of this year (10% of the total number of fires in the biome). This is the highest number since 2009 and 56% higher than the average for the ...

Palm Oil production killing the planet

Bad trade and bad products are killing our planet. We have said this before on The Thin End . There is no better example than that of palm oil. It is used ubiquitously in so many products, and its production is a major factor destroying rainforests and threatening precious species. Demand for palm oil is 'skyrocketing worldwide' . It is used in packaging and in so much of our snack foods, cookies, crackers, chocolate products, instant noodles, cereals, and doughnuts, and the list goes on. Bad for the planet So, why is this so bad for the planet? The oil is extracted from the fruit of the oil palms native to Africa. It is now grown primarily in Indonesia and Malaysia, but is also expanding across Central and West Africa and Latin America. Palm oil production is now one of the world's leading causes of rainforest destruction, and this is impacting adversely some of the world's most culturally and biologically diverse ecosystems. Irreplaceable wildlife spec...