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Sustainable agricultural supply chains

Context


Production of just four commodities is a major driver of deforestation, accounting for more greenhouse gas emissions than the entire global transport sector and undermining local development. Globally 1.6 billion people (one in five) depend on forests for food, water, fuel, medicines and livelihoods.

 

Objective


Mobilise the banking industry to direct capital to business models that increase yields and support livelihoods while achieving zero net deforestation by 2020.

 

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The Soft Commodities Compact

Since 2014, twelve major global banks have championed the Soft Commodities Compact to help achieve zero net deforestation in the four commodities of soy, palm oil, beef and paper, pulp and timber (PP&T).