This week, at COP27, 14 companies released the Agriculture Sector Roadmap to 1.5°C, which represents a strategic moment outlining how a transition to deforestation and conversion free commodity production could be achieved. Commenting on the release of the Roadmap, Jennifer Morris, CEO, The Nature Conservancy said:
“Fourteen of the world’s largest agribusinesses recently committed to rapidly eliminating deforestation and land conversion in the most important tropical commodities – cattle, palm oil, and soy. The cross-commodity working group ended with differentiated commitments for each commodity, some notably more ambitious than others.
“The cattle sector has committed to eliminate deforestation – both illegal and legal – in the Amazon by 2025, including both direct and indirect suppliers. This is welcome news for the biggest tropical forest on the planet, which continues to lose habitat and carbon at an alarming rate.
“Notably, cattle traders have also expanded their illegal deforestation commitment to the Brazilian Cerrado, a step forward for protection of one of South America’s critical biomes. Unfortunately, they have not yet delineated a commitment for the vast Gran Chaco region, a goal for which we will continue to push.