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Part 3 - Deforestation and Dirty Money

Jane E Porter

Updated: Nov 7, 2024

In our journey through climate change, we’ve learned that human activities play a significant role in escalating the crisis. Another key culprit is deforestation - the large-scale removal of forests to make way for agriculture, urban development and logging, particularly in the Amazon rainforest. Trees are carbon sinks, absorbing vast amounts of carbon dioxide (CO₂) so when they’re destroyed, that carbon is released back into the atmosphere, increasing emissions and accelerating the planet's decline.


An expressive landscape painting of snow and sunlight, symbolising hope in the context of climate change.
Lingering Light | acrylic

The UK's consumption of commodities like soy, palm oil, beef, leather and cocoa is having a severe impact on global deforestation. Shockingly, when measured by footprint per tonne, Britain consumes even more than China. You’d think this would be a wake-up call to the UK government, especially since these products continue to flow into UK markets, despite promises to curb these unsustainable imports.


Show Me The Money!


You probably won’t be shocked to hear that UK banks are cashing in on deforestation. By providing financial services for loans and investments (using our money) to companies involved in forest destruction, they’re raking in the profits. The UK is currently the world's third-largest investor in deforestation projects, behind China and the US 😧. So, as we make eco-friendly choices, our money may still be supporting activities that harm our planet.


Why Forests Matter


sink with carbon and a tree growing out of it
Carbon Sink

Forests are essential for biodiversity, supporting the livelihoods of millions and providing vital ecosystem services. Alarmingly, deforestation is responsible for around 11% of global carbon emissions, making it a critical issue to tackle if we are to slow the decline of our planet.


Hope


Fortunately, it’s not all doom and gloom. The UK government has committed to halting and reversing forest loss by 2030. As progress is slow, the Environmental Audit Committee (EAC) urges the government to get its finger out and strengthen legislation to ban businesses from trading or using commodities linked to deforestation, not just those linked to illegal activities.


Action


Check out how sustainable your bank is at bank.green. Consider switching your search engine to Ecosia. Not only does it protect your privacy, but every search helps plant trees around the world.



Thanks for reading. Please leave a comment below and share the love 😊



Until next time ...


Janee





Resources

These are a few of the many resources, but I have many more if you’re interested.




 

Jane E Porter is a fine artist and illustrator from Scotland, dedicated to exploring and understanding the fascinating interplay between art, psychology and philosophy. She shares insights and observations made over the past two decades with a delightful mix of wit and wisdom. Join her as she continues her journey, delving into these themes, offering you fresh perspectives and insights on art, identity and storytelling.

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