As a part of its preparations for COP26 Climate Summit, the UK government has launched the Forest Agriculture and Commodity Trade (FACT) Dialogue. As per reports by Business Green, the FACT Dialogue's founding partners plan to develop a shared roadmap for the transition to sustainable supply chains and international trade and to take action to protect forests while promoting development and trade.

Brazil, Liberia, South Korea, and the EU are among the 18 founding members of a new forestry protection coalition with South Korea, Liberia, Nigeria, Argentina and EU being the new members.

As part of the FACT Dialogue a taskforce that unites more than 25 leading figures working on sustainability will channel their expertise and provide advice to the governments who sign up to the initiative throughout the year. The taskforce has been convened by the Tropical Rainforest Alliance, the World Economic Forum group that is the FACT Dialogue's official non-governmental partner.