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.
News
Collected news links from external sources related to topics concerning the Book Chain Project.
Subsidies to industries that cause deforestation worth 100 times more than aid to prevent it
The Guardian, 31 Mar 2015