Standard Chartered has signed up to the ‘soft commodities compact’ which ensures their palm oil, soy and timber clients’ activities are consistent with ‘zero net deforestation’ by 2020. Many global food manufacturers have signed up to anti-deforestation initiatives in recent years and now pressure is being put on banks to do the same. Nine other banks have already signed this agreement, including RBS, UBS and Santander.

Rainforest Alliance has extended the suspension period of the Resolute Forest Products certificate for PF Résolu Canada Inc. in Lac St-Jean Quebec by one year. The extended suspension will provide additional time to Resolute to resolve its’ past discrepancies. For the certificate to be re-instated, Resolute must continuously conform to the FSC criteria and their current outstanding non-conformities must be audited as closed. If these terms are not met by the end of the suspension period, Rainforest Alliance will terminate FSC’s certificate agreement for Lac St-Jean Quebec.

Environmentalists have called Brazilian President Dilma Rousseff’s commitments on reducing deforestation and supporting renewable energy ‘weak’ and representing little more than maintaining the status quo. Greenpeace Brazil say the target of restoring 12 million hectares of forest represents only half of the reforestation requirements under Brazil’s Forest Code and are just another commitment to comply with existing laws, not a bold new initiative.
Brazil has, however, worked to reduce greenhouse gas emissions more than any large country over the past decade, with emissions from all sectors having fallen by around 40% since 2005, with an 85% cut in carbon dioxide from deforestation.

A new study of 14 nations by WWF and think tank Climate Advisors shows that only 4 (Indonesia, Columbia, Ecuador and Peru) have set targets to succeed by 2020. WWF say that if zero net deforestation by 2010 was achieved in these 14 countries, three gigatonnes in annual carbon dioxide could be saved by 2020 – more than the annual emissions of India and Germany combined.

Satellite data analysis suggests deforestation in the Brazilian Amazon may have reached a 7-year high. Imazon, a Belém-based non-profit, released data showing deforestation in the region pacing ahead of the previous year’s level for 13 months consecutively. The 12-month moving average of short-term deforestation alert data has reached levels that have not been seen since 2008. This hasn’t yet been confirmed by the Brazilian government who now report statistics quarterly for its deforestation system, but recent figures released by INPE mirror this data.

Indonesia has long been accused of not managing forests in a sustainable manner and of failing to curb illegal logging and trade in regard to the export of forest-sourced products. The demand to implement sustainable forest management policies is getting stronger. The voluntary PEFC/IFCC (the Indonesia Forest Certification Co-Operation) certification has been seen as a “passport” for the companies to allow their products to entre countries that set sustainable forest management preconditions. Forestry companies’ policies need to be tested on the ground.

Imazon’s newest study shows that, between August 2012 and July 2014, 90% deforestation in Brazilian Amazon happened in protected areas, while 10% occurred outside protected areas. During the two years’ period, forest loss was heavily concentrated in areas where infrastructure was expanding and management plans and funding were lacking. The study also recommends possible measures to against the deforestation, including law enforcement, eviction of non-traditional settlers from illegally occupied forests, and state resettlement schemes, etc.

After the launch of an environmental campaign targeting the luxury hotel chain, Mandarin Oriental hotel, the palm oil giant Astra Argo Lestari, which is also one of Indonesia’s biggest plantation developers, announced an immediate moratorium on land clearing. Astra Argo claimed the moratorium as a major step to make their operations to comply with the standards of the Indonesia Palm Oil Pledge (IPOP). Astra Agro haven’t announced a no-deforestation policy, but it said that it was now in the process of formulating one.

32 indigenous villagers in Cambodia’s north-eastern area, Stung Treng province, called on local forestry officials to crackdown on illegal saw mills and to provide them with protection after they received death threats from unsanctioned loggers of luxury timber. The 32 villagers are community activists, and they vowed to keep fighting illegal logging in their local area despite the threats. The environmental watchdog Global Witness said in a report in February that China’s voracious demand for luxury furniture is the driver behind the multimillion-dollar illegal trade in rosewood in Cambodia.

Negotiators in Bonn reached agreement on Redd+ scheme to reduce emissions from deforestation which will form part of Paris climate pact. One major issue was the protection of indigenous peoples and valuable ecosystems generated from protecting forest. In the process, tougher safeguards and transparency are necessary, and better communication and more field visits are key to the result. Also a deep base of sharing of knowledge and trust are needed to move forward.

April, one of the world’s largest pulp and paper producers and controls a million hectares of forests in Indonesia, announced that it had stopped clearing forests as part of its operations. Last year, it also launched its sustainable policy, including a pledge to halt forest clearing in 2010. Now the company is called a “champion” by the environmental group, Greenpeace, which used to be a fierce critic of the company. Also Greenpeace vowed to monitor April’s implementation of new policy closely. Activists said that battle is still far from won.

Archer Daniels Midland, the third largest global supplier of agricultural commodities and one of the world’s leading soy traders, is launching their Responsible Soy Standard. Under this new programme, yearly assessments will be conducted by expert third parties to determine if growers are complying with a number of environmental, legal, social and agronomic standards.
Despite soy production acting as a leading driver of deforestation across South America, palm oil has remained the priority commodity for companies in the fight against deforestation. While 117 private companies have pledged to reduce the impact of their involvement with palm oil, only 27 have done the same with soy. It is hoped that ADM’s commitment could lead to other organisations following their lead and expanding their commitments to deforestation across commodities.
Experts have warned, however, that although commitments like these have led to deforestation in the Brazilian Amazon, the problem is simply being moved elsewhere. Much of the conversion of natural ecosystems for soy cultivation now occurs in other areas including Argentina, Bolivia and Paraguay.

The think tank Innovation Forum held a two-day conference in Washington DC entitled “How business can tackle deforestation” attended by 160 representatives from companies, NGOs and investors. Whilst multiple major consumer goods companies have declared their commitments to achieving zero deforestation in their supply chains many others have raised concerns over the term and what the policy actually means in practice.
Rainforest Alliances’ recent position paper, ‘Halting Deforestation and Achieving Sustainability’ warned that zero deforestation commitments may not be enough to protect the world’s forests, due to two reasons. Firstly, though many major companies have signed up for these commitments, many other producers and buyers will not. These companies will continue to rely on deforestation to produce their goods, unless a way is found to address underlying issues, such as growing worldwide demand for forest products. Secondly, focusing solely on deforestation risks drawing attention away from other business practices within the commodities supply chain which may deserve equally urgent attention e.g. water scarcity and labour laws. In addition, the use of ‘zero deforestation’ as a catchphrase is problematic because there remains no clear agreement over what the term means. Rainforest Alliance emphasises the need for greater education, auditing and transparency so that consumers know the impact of what they are buying and are able to trust companies’ sustainability claims. Though a commendable step in the right direction, ‘zero deforestation’ commitments need to be backed up with comprehensive action plans if they are to deliver credible results.

Orbital Insight is a start-up founded by James Crawford, a former Google and NASA robotics and artificial intelligence expert, to track changes in tropical forests over time through the collection of satellite images. Orbital Insight aims to use deep learning, a technique used by Google and Facebook, to analyse data from a wide range of satellite image sources. The company will set its machine vision algorithms loose on the images to detect small alterations in the landscape that could be missed by the human eye. Having worked for private companies before using this technology, Orbital Impact hopes that the company will be able to help anticipate the damage of deforestation before it is done.

Researchers have said that deforestation of the Amazon in March has almost tripled compared to March 2014. Imazon, a Brazilian non-profit research institution, say that 22 square miles of forest have been removed across the Amazon region in March, compared to 7.7 square miles in March 2014. Three quarters of the cleared forest was focused in Mato Grosso, where part of the Pantanal wetlands are found. These figures by Imazon differ to those of the Brazilian government who suggested that deforestation had actually fallen by 18% across the nine states forming the Amazon basin.

A meeting between the International Board of Directors of the Forest Stewardship Council (FSC) acknowledged positive signs shown by Resolute Forest Products (Resolute FP). The meeting was held in response to an open letter from FSC to Resolute FP requesting they stopped discriminatory activities against FSC and demonstrate respect to their requirements after repeated public attacks by Resolute FP on FSC’s management policies. These attacks followed the suspension of three of Resolute FP’s FSC certificates. The meeting proved to be constructive and the two parties agreed to continue to work together to help the restoration of the suspended certificates.

A report from Prince Charles' International Sustainability Unit has found that we are still some way from realising the full potential of tropical forests in stabilising global climate, agricultural yields, ecosystem services and local livelihoods. The report, Tropical Forests: A Review, argues that forests have such incredible potential because of their dual role as carbon sinks. Less deforestation means less carbon is released and as the forest continues to grow, more carbon is locked in to the biomass. The report also highlights the importance of tropical forests to regional and global rainfall cycles. This is particularly relevant for Brazil where a severe drought has impacted cities and major agricultural areas. Modelling has shown that deforestation in the Amazon and Congo Basin could affect rainfall patterns across Europe and North America. The report urges forests be prioritised as a significant solution as we approach binding international agreements on climate change.

A toolkit, named the HCS Approach, has been developed by a group of organisations with the aim of identifying High Carbon Stock (HCS) forests. The toolkit was endorsed last week by major NGOs and plantation companies in Singapore including Golden Agri Resources, APP, Wilmar, Greenpeace, WWF, RAN, Unilever and The Forest Trust. The toolkit is seen as a crucial element in developing sustainable plantations and the companies involved will now begin the steps towards implementation in the field. HCS sits alongside HCV

New research has shown that Brazil and Indonesia paid over $40bn in subsidies to industries that drive rainforest destruction between 2009 and 2012 - compared to $346m in conservation aid they received to protect forests. The report from the Overseas Development Institute (ODI) encouraged a ‘radical rethink’ of how subsidies for commodities are assigned. ODI identify part of the problem in a lack of coordination between environment ministries and other government departments seeking to protect commodity exports and reduce rural poverty. The ODI have called for subsidy reform allowing a model of forest finance to protect forests and their surrounding rural communities.

Google has flown one of its Street View cameras down a zip wire for the first time. It set up a wire in the Amazon rainforest to capture new 360-degree images of the trees from root to tip. The new images have been released on Google Maps and the hope is that “environmentalists will use it as a tool to go and see what's there." The images have also captured lots of previously unrecorded wildlife.