31 Mar '18, 7pm

Forests and Finance

Where is your money actually spent? Three and a half billion people around the world have bank accounts — but many of us have no idea what banks do with our money. The sad truth is that many big banks use our money to support some of the world’s most egregious tropical forest destroyers. The worst offending banks are based in Malaysia, China, Japan, Indonesia, Singapore, Europe and the U.S., bankrolling massive deforestation operations in the Southeast Asia palm oil and pulp and paper industries. For too long, big banks located far from any rainforests have funded this growing disaster with impunity. They are earning billions of dollars without being held accountable for the consequences of their investments. That changes now. Drawing from years of experience running finance campaigns to stop the funding of extreme energy projects like mountaintop removal coal mining, RAN ...

Full article: https://www.ran.org/forests_and_finance?share=olympic_wood

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