Banks lent $2. 6tn linked to ecosystem and wildlife destruction in 2019 " report

Published Oct 31 2020 at 9:28 PM GMT

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Lack of policies regulating impact on natural world means finance industry effectively bankrolling biodiversity loss, analysis findsThe world's banks must start to value nature and stop paying for its destruction The world's largest investment banks provided more than $2.6tn (?1.
9tn) of financing linked to the destruction of ecosystems and wildlife last year, according to a new report.
Led by Wall Street giants Bank of America, Citigroup and JP Morgan Chase, 50 top investment banks provided financial service.