Since January 2017, a High-Level Expert Group on Sustainable Finance (HLEG) has been at work to provide operational and concrete recommendations to the European Commission (EC) for a comprehensive EU strategy to ensure that finance contributes to long-term social, environmental and economic sustainability. The HLEG published an interim report in mid-July 2017, which was presented […]
In the Red – Bank Policies fail to ensure they will avoid irresponsible investment in the paper industry A new assessment by the Environmental Paper Network (EPN) of bank policies regarding the pulp and paper sector. The assessment studied how ready the financial sector is to manage the environmental and social risks of financial involvement […]
Press Release Civil Society Forum on Foreign Policy – ICFP A number of representatives of Indonesian civil society organizations have attended Civil20 (C20) summit in Hamburg, Germany, on 18-19 June 2017. Such summit constitutes a forum which was specifically prepared to formulate inputs from civil society organizations throughout the world to the G20 member countries. […]
Initiatives for integrating sustainability criteria into the everyday business practices and governance structures of commercial banks have been around since the 1990s, but the field has long been dominated by voluntary and industry-driven initiatives. On their own, non-binding guidelines and recommendations are insufficient to create the change of the magnitude needed to deal with the […]
Walhi Papua has called on a variety of actors, including the government and financiers, to help them solve a long standing conflict between local indigenous communities and the state owned palm oil company PT PNII, near Jayapura, Papua. Read their full press release here (in Indonesian)
TuK INDONESIA is committed to help bring about justice in Indonesia, through a transformative approach. We look at the reality on the ground and find that problems have diverse causes, but are almost all related to structural issues. One of the most important structural issues we observe relates to how capital is allocated by the […]
5 Juni 2017, Telanaipura, Sumatra. The Jambi Environmental Forum (Walhi) celebrated Environment Day by holding a peaceful protest at Bank Indonesia, in Telanaipura, Sumatra, last Monday (5/6). “Banks still provide a lot of credit to corporate perpetrators of environmental destruction and human rights abuses,” said Abdul, Campaigner at Walhi Jambi. Walhi demands banks that give […]
Article by TuK, Profundo, RAN and Fern for the ETFRN 58 publication entitled Zero deforestation: A commitment to change. Download the article
The silver anniversary edition of ETFRN News brings together 40 contributions from 100 experts and practitioners, who share their experiences and suggest ways to improve the effectiveness of zero deforestation commitments through public-private collaboration and other new models. The publication inlcudes an article by TuK and its partners, entitled “Decoupling international finance from deforestation, and the […]
The G20 heads of finance meeting ended on Saturday, March 18th, 2017. The results are really shocking to all parties because they show that USA protectionism can really change many agreements that have been made years before. Steven Mnuchin, the USA finance minister, publicly stated that the G20’s approach against protectionism has been ‘not really […]
