Threads / Common Biomass Sustainability Framework / While strengthening the demand for domestic timber may help…
Committee Material Published 21 Mar 2022 ↗ View on Parliament

While strengthening the demand for domestic timber may help the UK to meet its international commitment to end and reverse deforestation caused by UK businesses by 2030, it is only a small part of the solution. While not a central part of this inquiry, it also appeared to us that stronger action may be needed to stop UK-based financial institutions from supporting and profiting from any activity that is causing deforestation. We may return to look at this issue in a future inquiry. (Paragraph...

While strengthening the demand for domestic timber may help the UK to meet its international commitment to end and reverse deforestation caused by UK businesses by 2030, it is only a small part of the solution. While not a central part of this inquiry, it also appeared to us that stronger action may be needed to stop UK-based financial institutions from supporting and profiting from any activity that is causing deforestation. We may return to look at this issue in a future inquiry. (Paragraph 57) Delivering tree planting Type: conclusion | Number: 8 | Response status: under_consideration