From Leyla Larbi, SumOfUs <[email protected]>
Subject The French giant behind deforestation
Date January 21, 2021 12:20 PM
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Deforestation threatens helpless Indigenous people and the unique
ecosystems in which they live. French banking giant, BNP Paribas, finances
the reckless companies responsible for this ecological disaster: the
soybean traders.

BNP even brands itself as a leader in "zero-deforestation" finance, which
is why we need you to expose its empty promises and push its money where
its mouth is.

Tell BNP Paribas to stop funding deforestation!

[1]Amazonia burning


[ [link removed] ] SIGN THE PETITION 

   
John,

It’s an area 115 times the size of Manhattan that disappears each year.
More than half of the Cerrado savanna in Brazil, one of the world's most
precious ecosystems, has been torn apart to make way for continuously
expanding soy farms.

This carnage is funded by a French giant: BNP Paribas.

In spite of its great speeches on climate, BNP remains one of the world’s
largest funders of deforestation.

A few days ago, during a “zero-carbon” event in Paris, BNP boasted about
implementing binding policies to stop deforestation caused by the soy
industry. But it was all lip service.

It is time to bring BNP's hypocrisy to light through mass mobilization.
Facing a major public relations crisis, BNP will have no other choice but
to put an end to its shameful complicity to save the face.

[ [link removed] ]John, tell BNP to stop funding deforestation by imposing
strict “zero-deforestation” policies on soy traders!

Recently published investigative reports* exposed BNP Paribas’s
bankrolling of soy traders to the tune of billions over the past four
years.

These investments are costly to the Indigenous populations who pay the
price with their own lives. Big soy companies are destroying everything at
a breakneck pace: their way of life, their rivers and their forests as
well as all the biodiversity they harbor.

But the disappearance of the Cerrado, of its unique biodiversity and
Indigenous populations is avoidable! Bankers, insurers and investors can
transform the soy industry to achieve “zero-deforestation”.

Even when faced with the hard cold facts, BNP is still refusing to adopt
binding measures that would forbid the importation of soy grown from
deforestation. The bank, which built so much of its brand on its “climate
friendly” image, will have to make a change if you force it to.

[ [link removed] ]Tell BNP to stop funding deforestation by imposing strict
“zero-deforestation” policies on soy traders!

Two months ago, during Climate Finance Day, your efforts forced top
financial players to acknowledge their responsibility in deforestation
caused by soy. And now, we are pushing the worst financial player of them
all, BNP, into action.

When it comes to the fight against deforestation, you have already pushed
giants like PepsiCo and McDonald's to change their practices. Without your
help, John, BNP will go unchecked, ignoring the alarm raised by
the Indigenous communities, NGOs and other environmentalists, fighting to
save our planet and its people.

[ [link removed] ]Tell BNP to stop funding deforestation by imposing strict
“zero-deforestation” policies on soy traders!



[ [link removed] ] SIGN THE PETITION 



Thanks for all that you do,
Leyla and the team at SumOfUs


* [ [link removed] ]Database from Forests & Finance

(in French) [ [link removed] ]Soja & deforestation: stop financial actors' complicity
Report from Reclaim Finance, Canopée, SumOfUs, Mighty Earth. October 2020

(in French) [ [link removed] ]Ending soybean imports issued from the conversion of
natural ecosystems in South America
Report from Canopée. September 2020

[ [link removed] ]Feeding the European appetite for soy
Rainforest Foundation Norway. November 2020

[ [link removed] ]France falls short in ending deforestation linked to imported soy
Mongabey. 20 November 2020

[ [link removed] ]Banks urged to combat deforestation and halt biodiversity crisis
The Independent. 12 January 2021.

[ [link removed] ]The role of French banks in global forest destruction
Global Witness. 10 February 2020.

 

 

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