Voluntary action has failed,it's time to regulate finance
Finance has surged to sectors driving deforestation in the decade since the Paris Agreement was signed. In a period which should have been defined by climate action, governments let finance govern itself and the results are devastating. In 2024 alone, the world lost 6.7 million hectares of primary rainforest, driving biodiversity collapse and catastrophic climate change. This analysis shows that without binding regulation, banks and investors have increased their exposure to deforestation. To stop this, Governments must act now and regulate finance for biodiversity.
Where is the money coming from?
Forest-risk commodities are financed by banks and investors from around the world. This includes financiers from both producer and consumer countries. Here you can see which countries provide the most finance to forest-risk sectors. This covers the period January 2016 to July 2025 for Credit and September 2025 for Shareholding.
Which banks & investors contribute most to the problem?
This research maps financial flows from banks and investors to 300 companies driving tropical deforestation. Use the drop-down menu to explore the rankings of banks providing credit and underwriting (2016-2025 July) and investors holding bonds and shares (September 2025).
How do the bank & investor policies stack up?
See how the largest banks and investors enabling forest-risk commodity sectors in the worlds’ tropical forest biomes score. We assessed the strength of their Environmental, Social and Governance policies for key forest-risk sectors in 2023. View by banks or investors, ordered by the size of their credit to, or investment in forest-risk sectors.
Our demands to the financial sector
Governments and financial institutions need to act now to address the climate and biodiversity crises. To achieve this, they should adopt and implement these five principles:
It's time to regulate finance
COP30 in Brazil offers a crucial opportunity for global leaders to take action to protect forests and people. It's time to put an end to unchecked, rising financial flows fueling deforestation and extinction. Our report on regulating finance for biodiversity highlights key actions policymakers must take to protect life on Earth.
Read the report
Contact the Coalition
Have questions about the data or want to connect with the coalition? Contact us
Press Contact
Laurel Sutherlin
Senior Communiations Strategist
+1 (415) 246-0161
laurel@ran.org
Resources
- Banking on Biodiversity Collapse - Full Report EN | PT
- Regulating Finance for Biodiversity - Executive Summary EN | ES | ID | PT | CN
- Regulating Finance for Biodiversity - Full Report
- Press Statement EN | PT | NL
- Financial Flows Methodology EN | ID | JP | PT
- Policy Assessment Methodology EN | ID | JP | PT
- Policy Assessment Matrix
