By Sharon Kimathi
LONDON (Reuters) -Global investors managing over $3 trillion in assets called on governments on Monday to stop and reverse deforestation and ecosystem degradation by 2030, in a statement signed ahead of a U.N. climate conference in Brazil next month.
Around 30 institutional investors including Swiss private bank Pictet Group and Nordic investor DNB Asset Management have so far signed up to the Belém Investor Statement on Rainforests, which is open until November 1.
A report last week found the world is falling far short of the goal of stopping deforestation, with losses of 8.1 million hectares (20 million acres) of forest – an area about the size of England – in 2024 alone, largely driven by agricultural expansion and forest fires.
“As investors, we are increasingly c