This is the second part of a cross-border investigation conducted by Voxeurop and Periodistas por el Planeta into how soy from deforestation-prone areas in Argentina arrives in Europe by exploiting legal loopholes and abusing self-regulation. You can read the first part of this investigation here.
Europe’s food giants turn a blind eye to deforestation in Argentina – VoxEurop
This report by Global Witness shows how the 20 biggest banks in the EU have provided billions to companies linked to deforestation since 2016. This review shows that voluntary guidelines and individual commitments by financial institutions are unlikely to stop the financing of forest destruction.
A cross-border probe, led by ICIJ and first published in March 2023, involved 44 media partners globally and documented how Western environmental auditing firms and governments failed to stop the trade of wood logged in conflict zones.
The findings supported a June investigation from ICIJ partners Paper Trail Media, Der Spiegel, ZDF and others that similarly revealed how Russian timber continued to circumvent the EU’s embargo, making its way into the bloc by routing through countries like China, Turkey, Kazakhstan and Kyrgyzstan.
New report by EIA highlights Peru’s Congress approved new legislation that legalized much of alleged unlawful deforestation by some of the companies featured in the report. As a result, EIA claims that tainted palm oil and cocoa produced by firms that operated for years with impunity may continue being traded to unwitting European and Peruvian consumers, setting a dangerous precedent risking more illegal Amazon clearance in the future.
During a virtual meeting of the European Commission’s expert group on protecting and restoring forests on May 4, a representative from the UN Environment Programme World Conservation Monitoring Centre presented data showing that 13 EU member states had imported Myanmar timber products, which were likely to be teak, in the past year. Italy, France, Poland and Spain topped the list, with Italy importing an amount estimated to be worth more than $20 million since March 2022, according to Eurostat.
Click here to access the Global Illegal Logging and Associated Trade (ILAT) Risk assessment tool and to download the Forest Trends User Guide describing the functionality of the ILAT Risk Data Tool.
Click here to access the Cattle Data Tool.