Publications Update: Annual Report 2018 and TFA 2020 Insight Reports
TFA 2020 is excited to announce the publication of its Annual Report 2018, featuring regional activity highlights from TFA 2020’s work in Africa, Latin America and Southeast Asia over the past year. Along with a review of TFA 2020’s General Assembly in Ghana and other high-level events, the Annual Report lays out the Commodities and Forests Agenda 2020, which has been informing TFA 2020’s work at the regional and global levels over the last year.
Together with the Annual Report, TFA 2020 also published three new insight reports in June 2018, one prepared in collaboration with PwC and two with Climate Focus. The Roadmap to Financing Deforestation-Free Commodities, Progress on Corporate Commitments and their Implementation and Impacts of Supply Chain Commitments on the Forest Frontier provide key insights on the role of financial institutions in ending commodity-driven deforestation and on the state of the supply chain movement. Key findings from the three reports are also featuring in the Annual Report.
The Roadmap to Financing Deforestation-Free Commodities
Financial institutions are exposed to the risks associated with deforestation through their investments in and lending to companies involved with soft commodities. However, while a number of financial institutions have made progress in integrating the environmental and social impacts of soft commodities into their risk management frameworks, a larger number are not taking action, with only 30% having public policies on these commodities. The Roadmap to Financing Deforestation-Free Commodities looks at why financial institutions globally are not taking sufficient action and recommends ways forward.
The State of the Supply Chain Movement: Progress on Corporate Commitments and Impact at the Forest Frontier
Since the 2010 Consumer Goods Forum Deforestation Resolution, more than 473 companies have made commitments to eliminate deforestation from their supply chains. With 70% of deforestation linked to the production of agricultural commodities, these pledges hold the promise of making a major contribution to the end of tropical deforestation. This raises two questions: what is the current state of these supply chain efforts, and are they having an impact on land-use choices at the forest frontier? TFA 2020 commissioned Climate Focus to answer these questions and the findings are now available: Progress on Corporate Commitments and their Implementation and Impacts of Supply Chain Commitments on the Forest Frontier.