A Bill to require banks and investment institutions regulated in the UK to verify and certify that they do not provide any form of financial or investment support to businesses which derive income from forest risk commodities, or that relevant local laws were complied with in relation to such commodities; and for connected purposes.
House of Commons
1 November 2023
The Financial Investment and Deforestation Bill would require UK-regulated banks and investment firms to check and certify that they do not provide financial support to companies that earn income from forest-risk commodities, or that those companies comply with relevant local laws. In short, it aims to prevent funding that could drive deforestation by forcing financial institutions to verify their investments' links to such activities.
The bill is at the very early stage (1st Reading in the Commons) and has not yet undergone detailed scrutiny. If it progresses, it would typically move to a Second Reading and committee stage.
Generated 21 February 2026
The 2022-2023 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
