Tropical forests are being cleared every day to make way for globally-traded commodities, and this trade is powered by billions of dollars in lending and investment.
However, these forests contain the natural capital that we depend on for our future prosperity. To ensure sustainable global economies, we must understand and account for the value of the goods and services provided by nature. Loans, investments and portfolios must be evaluated for their impact on natural capital, and key decision makers must be empowered to act on environmental risk in the finance sector.
Global Canopy’s Finance Sector Programme works to engage and support leading financial institutions (FIs).
Global Canopy jointly manages the Natural Capital Finance Alliance with the United Nations Environment Programme Finance Initiative (UNEP-FI). Our aim is to increase awareness among financial institutions of the natural capital risks they are exposed to through loans and investments, and to provide the tools to assess and negate such risks, as well as to identify opportunities for more sustainable investment.
Global Canopy manages the SCRIPT project. SCRIPT (Soft Commodity Risk Platform) is a new freely-available system to help financial institutions understand and mitigate the deforestation risks associated with financing companies in soft commodity supply chains.