Issued by the Forests & Finance Coalition of NGOs, which looks to improve transparency, policies, systems and regulations in the financial sector, the report found that finance to those companies rose over 60% to $47 billion between 2020 and 2021.
"The world's financial institutions are actually increasing their lending to the very industries driving humanity to the brink," Tom Picken, director of Rainforest Action Network's Forest and Finance Campaign, said in a statement, citing "dangerously inadequate" policies. In Indonesia, for example, southeast Asian pulp and paper producers are continuing to expand production, putting the country's remaining forests under pressure; while in Brazil, the beef industry has contributed to 80% of the Amazon deforestation since 1985, the report said.
This usual talking point is to blame specific industries to distract from the fact that these industries are all driven by population and economic growth and change in consumer preferences will make little difference without addressing GROWTH.
Only to supply billions of humans. The underlying problem is human overpopulation (8 BILLION and rising quickly).
Goodbye earth.
blackarrowxv 'The world's financial institutions are actually increasing their lending to the very industries driving humanity to the brink,' Tom Picken, director of Rainforest Action Network's Forest and Finance Campaign, said in a statement, citing 'dangerously inadequate' policies climate
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: axios - 🏆 302. / 63 اقرأ أكثر »