At least $38 billion worth of commercial loans and underwriting facilities were provided to 50 companies on a large-scale expansion in industries such as palm oil, pulp and paper, rubber…
September 7, 2016
September 7, 2016
Bloomberg: Banks Blanketed in Haze They Helped Finance
That’s the message behind a new tool tracing more than $50 billion in financial flows to palm oil, pulp and paper and other products linked to tropical deforestation in the region. “It’s…
September 7, 2016
Epoch Times: Holding Banks Accountable for Funding Deforestation
New online platform rates the banks that fund the work that destroys rainforests in Southeast Asia. (read more)
September 6, 2016
UK Daily Mail: Banks pump billions into deforestation-linked firms in Southeast Asia – study
“This research suggests that banks continue to turn a blind eye to the devastating impacts of their financial services,” RAN forest and finance campaign director Tom Picken said. (read more)
September 6, 2016
Jakarta Globe: Banks Pump Billions Into Deforestation-Linked Firms in Southeast Asia: Study
Southeast Asia is home to some of the world’s most diverse rainforests, but they have come under threat in recent years due to large-scale expansion in industries such as palm…
September 1, 2016
EcoWatch: Orphaned Orangutan Gets Second Chance After His Home Was Destroyed by Palm Oil
As Conflict Palm Oil companies move into priceless rainforests like Sumatra’s Leuser Ecosystem, they are leaving a trail of destruction behind. Chocolate the orangutan is one of the few lucky survivors of…
September 1, 2016
Reuters: Obama highlights climate progress at home before journey overseas
Preserving natural places will help the world adapt to warming temperatures, U.S. president says. “The challenges of conservation and combating climate change are connected, they’re linked,” said Obama, who was…
August 31, 2016
Thomson Reuters Foundation News: Obama highlights climate progress at home before journey overseas
“The challenges of conservation and combating climate change are connected, they’re linked,” said Obama, who was interrupted by protesters yelling: “Keep it in the ground,” a campaign to limit fossil…
August 30, 2016
The Huffington Post: Orphaned Orangutan’s Story Shows Why We Need Responsible Palm Oil Policies
An orphaned Indonesian orangutan is on the upswing thanks to one rescue group. (read more)
August 26, 2016
USATODAY: Right to protest also means freedom from militarized police: Column
Protesters should not have to face intimidation by weapons of war. At a time when trust between communities and law enforcement is at such a low, arming local police forces…