Deforestation lining UK financiers’ pockets, report warns

Deforestation GettyImages-1249034888

Source: Getty Images

Analysis of hundreds of thousands of deals with major deforestation-linked companies netted lenders, investors and insurers $26bn from financing deforestation-related activity

UK banks have pocketed over $1.2bn (£908m)  in income linked to deforestation since the Paris climate accords were signed in 2016.

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