‘Red alert’: Billions of UK pension money driving deforestation, says Richard Curtis

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‘Red alert’: Billions of UK pension money driving deforestation, says Richard Curtis
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'There can be no action on climate change without tackling deforestation,' says Richard Curtis, as research finds two of every ten pounds invested in an average pension is driving forest loss.

"So we're all linked in to a global deforestation economy, be it through food or fashion," Global Canopy executive director Niki Mardas told Sky News.Brazil deforestation worst for 15 years

He claims the figure of £300 billion is likely an underestimate, as they only analysed the certain parts of high risk sectors, and called for better reporting by pension funds. Mr Peaple said pension schemes were more selective in screening out companies with poor sustainability records than the analysis suggested, and that they agreed companies with poor environmental records were not well performing long term investments.Brazilian indigenous activist, environmentalist and politician Sônia Bone Guajajara.

Sônia Bone Guajajara, Brazilian indigenous activist and politician, said British savers"have power to help save the forests, the power to help protect Mother Earth, and to protect the lives of all who live on the planet.

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