Euronews.green
By Lottie Limb
HSBC, BNP Paris and Deutsche Bank are some of the household banks investing tens of billions of euros in firms involved in deforestation, a new investigation shows.
Top financiers from the UK, EU, US and China have netted some €15 billion from deals with implicated agribusinesses since the Paris Agreement was signed in 2015, Global Witness has revealed for the first time.
This is despite these banks having their own environmental and human rights policies, which the NGO now claims amount to little more than “greenwashing” – demonstrating the need for external accountability.
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