Read FACT’s latest policy brief outlining what makes environmental crimes distinct from other crimes commonly associated with money laundering risks, and detailing specific strategies to address the unique challenges they pose.
FACT welcomes the government’s commitment to targeting the proceeds of nature crimes like illegal mining and deforestation through the new Amazon Region Initiative Against Illicit Finance.
FACT’s Julia Yansura is quoted in leading Peruvian investigative journalism outfit Ojo Público’s new investigation into mining and money laundering enclaves in the Amazon. The seven-month long investigation documents the export of at least 3,089 tons of high-purity gold of unknown origin from five Andean-Amazon countries between 2014 and 2023.
In January, FACT, TI-US, and GFI held a press briefing detailing the Coalition’s main policy areas to watch in 2024, including imminent actions by Treasury addressing money laundering risks through U.S. real estate and private investment markets, as well as new work at the intersection of environmental and financial crime.
It is imperative both for the U.S. to get its own affairs in order, as well as for the world to prioritize environmental crimes within the framework of the UNCAC. By leveraging its influence, the U.S. has the power to shape and bolster global efforts aimed at combating corruption by tackling environmental crimes.
FACT Policy Fellow Sofia Gonzalez interviewed Ricardo Soberón, the former president of Peru’s National Commission for Development and Life without Drugs, or DEVIDA.
