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A World Economic Forum article by UNEP FI's Eric Usher outlines lessons from Indonesia on building deforestation-free supply chains. It notes commercial agriculture drives 70% of tropical forest destruction and that cattle, soy, palm and timber are key forest-risk commodities.
It cites at least $941 billion in annual corporate revenue tied to those commodities.
Growing corporate commitments to deforestation-free sourcing may gradually tighten supply of palm and soy products that meet buyer standards, but the article is commentary with no immediate price effect.
weforum.orgMichael B. Jenkins, Eric UsherMar 5, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
