Everything you need to know about the EUDR & our response to the Bank of England’s climate proposal
The brand-new Trase EUDR hub
Trase’s EUDR hub is your new go-to place for everything you need to know about the EU deforestation regulation (EUDR) – the first-ever legislation aimed at breaking the link between deforestation and the trade in agricultural commodities.
Latest releases include:
Global Canopy’s first standalone Forest 500 – Finance report
Each year, Global Canopy’s Forest 500 assesses and ranks the companies and financial institutions with the greatest influence on deforestation.
This year, for the first time, Forest 500’s annual assessment of the 150 financial institutions with the greatest exposure to deforestation risk will launch as a dedicated finance-focused publication. The 2025 Forest 500 report on company assessments was published in April 2025.
Forest 500 – Finance assessments show whether financial institutions have strong public policies and processes in place to eliminate commodity-driven deforestation, conversion and associated human rights abuses, and whether they transparently report on and make progress towards those goals. The report will highlight key issues, trends and opportunities for action from financial institutions.
Look out for the report when it launches on 14 August!
Global Canopy’s response to the Bank of England’s climate risk management consultation paper
We have submitted a formal response to the Bank of England on the Prudential Regulatory Authority’s (PRA) proposal for updated supervisory expectations on managing climate-related risks for banks and insurers in the UK.
We make two key recommendations for amendments to the statement in our response to the paper:
1. The PRA should integrate nature loss into its supervision. Nature loss and climate change should be examined both together – to ensure that interactions between them are fully accounted for – and in isolation from each other – to ensure that nature-specific data and modelling challenges are addressed. The PRA should follow the Network for Greening the Financial System's guidance and ensure that nature loss and its exacerbating effects are properly taken into account in banks' and insurers' risk assessments.
2. The PRA should strengthen enforcement provisions. Without clear enforcement measures, the PRA's supervisory climate and nature requirements will be ineffective. There are strong precedents of other regulators, including the European Central Bank, applying more robust enforcement, linked to time-bound requirements.
Brazilian Indigenous Leaders’ visit to the UK
On the week of 7 July, some of the most respected Indigenous Leaders and guardians of ancestral wisdom from Brazil and the Amazon visited the UK to highlight the battle fought by Indigenous communities in Brazil to protect their homes.
As part of their trip, they attended King Charles’ Harmony Summit and travelled to the House of Lords to meet with UK Parliamentarians. They then traveled to Oxford to join us for an event at the Said Business School: Listening to the Earth: An afternoon with Indigenous wisdom keepers from Brazil.
And then in London, Davi, Ailton, Adana were joined in conversation with Kate Raworth, renegade economist and author of Doughnut Economics, and Merlin Sheldrake, biologist and mycelial thinker, author of Entangled Life, at a special event: Ancestral Futures: Water, wealth and wisdom in a world on fire. Antonio Nobre, pioneering earth scientist and Scientific Director of the Biotic Pump Greening Group moderated the conversation.
We heard wisdom and reflections on how humanity might restore balance and reimagine its path, helping build societies and economies that work in service of life.
You can watch the Ancestral Futures event recording in English and in Brazilian Portuguese, and read our insight for some highlights from the event.
Antonio Nobre, Davi Kopenawa, Ailton Krenak, Adana Omagua Kambeba, Merlin Sheldrake and Kate Raworth at the Wellcome Trust, July 2025.
Coming later this year: The Little Book of Nature Business
Global Canopy will release The Little Book of Nature Business as part of our Little Book series, which makes complex issues at the interface between nature and finance easier to understand through incisive publications designed for the finance sector, real economy corporates and policymakers.
The Little Book of Nature Business will present a new framework for nature business that supports the global transition toward a nature-positive economy. The book will demonstrate a range of opportunities for investment that go far beyond investors’ current focus on regenerative agriculture and reforestation.
Register your interest now to receive a free digital copy of the book when it’s released later this year. Find out more and download the preview PDF of The Little Book of Nature Business.
For more information, contact info@globalcanopy.org.
Best wishes,
Global Canopy