Bank financing for agribusiness giants drives deforestation: campaign group
- Date: 27-Oct-2021
- Source: Global Trade Review
- Sector:Financial Markets
- Country:Gulf
Bank financing for agribusiness giants drives deforestation: campaign group
A campaign group says banks are helping fuel deforestation and environmental crimes by financing major commodities producers and trading houses. In a report published on October 21, London-based group Global Witness says between 2016 and April 2020 top-tier banks in the US, Europe and China have earned an estimated US$1.73bn from deals with 20 agribusiness ...
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A campaign group says banks are helping fuel deforestation and environmental crimes by financing major commodities producers and trading houses. In a report published on October 21, London-based group Global Witness says between 2016 and April 2020 top-tier banks in the US, Europe and China have earned an estimated US$1.73bn from deals with 20 agribusiness ...