Big data and geospatial technology are making it easier for banks to decrease risk when financing projects with potential environmental impacts. How? Our guest author, Luiz Amaral, Global Manager of WRI’s Global Forest Watch Commodities has the answer.
What do soap, Ben and Jerry’s, and KitKat bars have in common? They all contain palm oil, an oil produced by the oil palm tree. Indonesia and Malaysia produce the vast majority of the world’s supply and have experienced significant environmental consequences as a result. Now the crop’s profitability is attracting interest in other tropical climates, including Latin America and the Caribbean.
Flickr Creative Commons CIFOR Did you know that every minute the world loses 50 soccer fields worth of forest? That’s one of the headline findings from recently published data on global deforestation. Access to deforestation data is making it increasingly easy for companies to monitor deforestation in their supply chains.