Item 1 of 2 An aerial view shows cattle grazing in a deforested area during an operation to combat deforestation by agents of the Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA), near Porto Velho, Rondonia State, Brazil February 6, 2025. REUTERS\/Ueslei Marcelino\/File Photo<\/p>\n
[1\/2]<\/b>An aerial view shows cattle grazing in a deforested area during an operation to combat deforestation by agents of the Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA), near Porto Velho, Rondonia State, Brazil February 6, 2025. REUTERS\/Ueslei Marcelino\/File Photo Purchase Licensing Rights, opens new tab<\/a><\/p>\n LONDON, Oct 20 (Reuters) – Global investors managing over $3 trillion in assets called on governments on Monday to stop and reverse deforestation and ecosystem degradation by 2030, in a statement signed ahead of a U.N. climate conference in Brazil next month.<\/p>\n Around 30 institutional investors including Swiss private bank Pictet Group and Nordic investor DNB Asset Management have so far signed up to the Bel\u00e9m Investor Statement on Rainforests, which is open until November 1.<\/p>\n Sign up here.<\/a><\/p>\n A report<\/a> last week found the world is falling far short of the goal of stopping deforestation, with losses of 8.1 million hectares (20 million acres) of forest – an area about the size of England – in 2024 alone, largely driven by agricultural expansion and forest fires.<\/p>\n “As investors, we are increasingly concerned about the material financial risks that tropical deforestation and nature loss pose to our portfolios,” the statement said.<\/p>\n The investors emphasised the need for policies that deliver legal, regulatory, and financial certainty to help protect the forests and safeguard economic stability, said Jan Erik Saugestad, CEO at Nordic firm Storebrand Asset Management.<\/p>\n “Deforestation undermines the natural systems that global markets rely on – from climate regulation to food and water security.”<\/p>\n Earlier this year, the European Union delayed launching its anti-deforestation law, opens new tab<\/a> by a year after facing opposition from industry and trade partners such as Brazil, Indonesia and the United States, who say complying with the rules would be costly and hurt their exports to Europe.<\/p>\n The role of climate sceptic U.S. President Donald Trump in rolling back support for global environmental efforts was also hampering action, said Ingrid Tungen, head of deforestation-free markets at Rainforest Foundation Norway.<\/p>\n “I think Trump has made it more difficult for investors and managers to take climate and biodiversity into account in such a volatile market,” she said.<\/p>\n “All the investors that we are talking to think there is a huge risk for us not taking deforestation and climate change into consideration in the long-term, and not just for their own morals, but because that will harm the markets directly and their profits directly.”<\/p>\n (Corrects quote in paragraph 10 to show ‘deforestation’ instead of ‘diversification’).<\/p>\n Reporting by Sharon Kimathi; Editing by Nia Williams<\/p>\n Our Standards: The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n Purchase Licensing Rights<\/a><\/a><\/p>\n Sharon is the creator, curator and editor of the Reuters Sustainable Switch newsletter and the Sustainable Business vertical on Reuters.com. She joined Reuters after a stint as the Inclusive Economies Editor at the Thomson Reuters Foundation. She enjoys writing about the intersection between climate and social injustice and can be contacted via email for ESG-related queries.<\/p>\n","protected":false},"excerpt":{"rendered":"Item 1 of 2 An aerial view shows cattle grazing in a deforested area during an operation to…\n","protected":false},"author":2,"featured_media":139756,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[269],"tags":[82772,82519,82567,2000,2786,82703,82499,82757,82758,36586,82577,33813,82775,82759,82760,82761,82762,82570,82543,82538,82545,82546,82535,82556,82549,82541,82550,82776,82553,82536,82559,82782,82781,82783,82580,82532,82711,82779,82555,82777,82547,82539,82557,82537,82540,82554,82552,82548,82551,82763,32133,18,55396,82578,82571,440,20936,82764,4893,82520,32356,82503,2004,45748,82774,19,82765,82766,82767,17,50178,721,82768,82565,82574,82780,82769,82508,82558,82756,82561,82755,82778,82579,133,82773,15170,82564,82518,82770,82771],"class_list":{"0":"post-139755","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-afr","9":"tag-amers","10":"tag-anim","11":"tag-asean","12":"tag-asia","13":"tag-asxpac","14":"tag-bact","15":"tag-biodvs","16":"tag-bisv","17":"tag-biz","18":"tag-br","19":"tag-cd","20":"tag-cenafr","21":"tag-cinv","22":"tag-clc","23":"tag-clf","24":"tag-clr","25":"tag-defor","26":"tag-destabn","27":"tag-destabx","28":"tag-destafa","29":"tag-destbnx","30":"tag-destcsa","31":"tag-destd","32":"tag-destdnp","33":"tag-deste","34":"tag-destfun","35":"tag-destg","36":"tag-destgns","37":"tag-destlby","38":"tag-destlita","39":"tag-destobnk","40":"tag-destoenr","41":"tag-destoenv","42":"tag-destortagm","43":"tag-destouktpm","44":"tag-destousesg","45":"tag-destoustpm","46":"tag-destpco","47":"tag-destpge","48":"tag-destpsc","49":"tag-destrast","50":"tag-destrbn","51":"tag-destreulb","52":"tag-destrnp","53":"tag-destrws","54":"tag-destrwsa","55":"tag-destu","56":"tag-destucdptest","57":"tag-devfin","58":"tag-dis","59":"tag-eire","60":"tag-emea","61":"tag-emrg","62":"tag-env","63":"tag-environment","64":"tag-esg","65":"tag-esgenv","66":"tag-eu","67":"tag-europ","68":"tag-fin","69":"tag-fins","70":"tag-fund","71":"tag-gen","72":"tag-id","73":"tag-ie","74":"tag-intag","75":"tag-invbis","76":"tag-invm","77":"tag-ireland","78":"tag-latam","79":"tag-legal","80":"tag-mngiss","81":"tag-mtpix","82":"tag-natu","83":"tag-packageus-top-news","84":"tag-pfund","85":"tag-pol","86":"tag-reuters-legal","87":"tag-rsbiclimate-change","88":"tag-rsbideforestation","89":"tag-rsbiesg-investors","90":"tag-rsbipolitical-lobbying","91":"tag-samer","92":"tag-science","93":"tag-seasia","94":"tag-sustainable-business","95":"tag-topicreuters-impact-top-stories","96":"tag-weu","97":"tag-wfire","98":"tag-wrm"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/139755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=139755"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/139755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/139756"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=139755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=139755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=139755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n