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INVESTOR activist group Market Forces and other environmental nonprofits filed shareholder proposals with several Japanese megabanks and utilities, seeking to require them to disclose more specific plans on how they will work to meet climate targets set by the Paris Agreement.
BCG - SP Solar 1, a joint venture between SP Group (Singapore) and BCG Energy (Vietnam), has just secured a disbursement of $31.5 million in a total credit line of up to $50 million from a consortium of foreign financial institutions.
Several major European and US financiers, including HSBC, Bank of America, Santander and the Netherlands’s biggest pension fund have helped bankroll what has been named the “world’s worst deforestation crisis” in Paraguay, holding or increasing shares in meatpacking giants accused of deforestation and land-grabbing in South America’s second largest forest, the Gran Chaco.
Some of the world’s biggest financiers have been bankrolling meatpacking giants linked to deforestation in Paraguay’s richly forested Gran Chaco region - with some increasing their shareholding tenfold in the last two years.
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.