It charts six pragmatic steps that are designed to make collaboration between public and private supply chain actors more impactful and inclusive, while reducing costs and gaining positive visibility in global commodity markets. Incremental information disclosure is used as a mechanism to reduce information asymmetry among actors, improve governance and support increased accountability.
The Transparency Pathway is a tested method building on the European Forest Institute (EFI) and the EU REDD Facility’s experience in supply chain transparency in various countries. In particular, it draws on EFI’s partnership with Trase, the first initiative to unlock subnational supply chain transparency at scale in tropical countries.
This figure illustrates how deforestation risk by municipality can be monitored over time and how sustainability performance can be made visible in commodity markets to support transitions towards sustainability. Deforestation is taken as an example throughout the description of the Transparency Pathway but the method is applicable to any other measurable sustainability issue. Source: EFI