EB | Banks responsible for continuing deforestation in Southeast Asia

In Southeast Asia — the region that drives the world’s deforestation problem, alongside Central Africa and the Amazon —  only 9 percent of banks have adopted No Deforestation, No Peat, No Exploitation (NDPE) policies in varying forms, according to a study by the World Wide Fund for Nature (WWF). Even then, the implementation of these policies has been slow and patchy.

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