Investors Urge Action Against Global Deforestation

Over 30 global investors managing assets worth $3 trillion urge governments to halt and reverse deforestation by 2030. Signed ahead of a U.N. climate conference, the Belém Investor Statement highlights financial risks posed by nature loss and calls for clear policies to protect forests.

Global investors with management of over $3 trillion in assets have intensified calls to governments globally, urging immediate action to halt and reverse deforestation by 2030.

In anticipation of a United Nations climate conference in Brazil, more than 30 institutional investors, including notable names like the Swiss private bank Pictet Group and DNB Asset Management, signed the Belém Investor Statement on Rainforests.

In the statement, they express concern over the financial risks deforestation poses, pressing for legal and regulatory frameworks that will ensure protection and economic stability amidst widespread forest losses due to agricultural expansion and fires.

(With inputs from agencies.)