Domini

Investors Support California Act to Protect Forests Introduced Today

Retrieved on: 
Tuesday, January 28, 2020
Finance, Banking, Professional services, Public policy, Government, Philanthropy, Forest Products, State, Local, Fund Raising, Other Philanthropy, Natural Resources, Domini, Friends of the Earth

The Act would leverage Californias purchasing power to mandate No Deforestation policies and practices at companies that do business with the state of California.

Key Points: 
  • The Act would leverage Californias purchasing power to mandate No Deforestation policies and practices at companies that do business with the state of California.
  • Forests play a crucial role in mitigating climate change; currently deforestation is the second largest source of greenhouse gas emissions.
  • The California Deforestation Free Procurement Act as introduced today is co-authored by Senator Ben Allen, Assemblymember Richard Bloom, Assemblymember Eduardo Garcia, and Assemblymember Eloise Gomez Reyes.
  • Seeing this community get behind the California Deforestation Free Procurement Act should send a signal that defunding deforestation is good business.