Investments by the super-rich drive deforestation

Wealthy individuals are increasingly investing in agriculture. Their investments boost production of plant-based raw materials for human consumption, industrial uses, and animal fodder. The resulting capital flows directly contribute to deforestation in the global South, especially in the tropics. That is the conclusion of a new study by the University of Bern's Centre for Development and Environment (CDE). Expansion of cropland is one of the main drivers of deforestation - especially in the tropics. Deforestation not only releases carbon into the atmosphere, but also leads to loss of biodiversity and ecosystems, harming their vital functions. Particularly important in this context are so-called flex crops like soy, palm oil, and sugar cane, which are used both for direct human consumption and for animal fodder or industrial purposes.