In addition to criminally laundered gains, there is a wider cost to governments and societies, and often an infringement of local communities’ human rights. This multi-faceted issue is not just driven by transnational criminal organisations, but also by economic sectors, agribusiness in particular.
Financial institutions must carry out effective due diligence around their investments to ensure that they are not contributing to or directly funding nature crimes.
Key milestones of the work in the coming months include a mapping of the extent and flows of investment-driven nature crimes in major markets, and the launch of a coalition of financial institutions dedicated to eliminating nature crimes in their investments.