Page 12 - ஸூமிடோமொ மிட்ஸ்யூயீ வங்கி நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Banks increased deforestation-linked investments by $8B during Covid-19: report by Mongabay.com on 15 June 2021 A new analysis of financial data by Forests & Finance, a coalition of NGOs, has found that weak policies and continued major investments in forest-risk sectors are driving deforestation in Southeast Asia, Latin America and West and Central Africa. The group compared the environmental commitments of the world’s 50 top financial institutions against their investments, lending and guarantees to more than 200 companies operating in deforestation-linked industries such as palm oil and beef. The group found an increase of more than $8 billion of investments in deforestation-linked companies compared to the previous year.

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