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Deforestation in Borneo. Photo credit: Rhett A. Butler
February 17, 2023
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Many major global firms and financial institutions that directly or indirectly contribute to deforestation do not have any policies in place to protect forests, increasing the risk for catastrophic nature loss, a report said Wednesday. The report comes just months after countries reached a historic agreement to protect 30 percent of the world's land and seas by 2030 at UN biodiversity talks late last year.

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