Source: portfolio.earth
Current Affairs Environment News

Big banks invested $2.6 trillion in activities linked to global biodiversity loss in 2019, report finds

The world’s fifty largest banks invested a cumulative US$2.6 trillion (£2tn) in firms at the forefront of global biodiversity loss in 2019 alone, according to a new report by Portfolio Earth. On average, each financial institution invested US$52bn in fossil fuel, mining, infrastructure and agricultural firms. The report, entitled Bankrolling Extinction, linked corporate financing to Read More…