This bank is investing billions in deforestation, a new investigation reveals
This bank is investing billions in deforestation, a new investigation reveals
As COP26 approaches, banks are keen to position themselves as a key part of the solution to the climate crisis.
Many have committed to aligning their investments with the Paris Agreement and putting in place voluntary environmental, anti-deforestation and human rights policies.
So far, so good – at least – if you only look at their PR materials and public pledges.
However, our latest investigation reveals for the first time how the financial decisions of global banks contradict their public commitments. This reveals how they amass millions from bankrolling global deforestation, leaving affected communities around the world high and dry.
