Chase’s Big Rainforest Problem

Posted September 15, 2020 in The Understory

We all know JPMorgan Chase is the largest funder of fossil fuels, and is the leading banker of climate chaos, by a long shot. But did you know that Chase’s…

Follow the Money Behind Deforestation

Posted September 8, 2020 in Campaigns

Banks are directly financing the fossil fuel industry and their dollars are also literally clear cutting the world’s rainforests for the production of palm oil, paper and pulp and soy. It’s a double whammy on the climate and a triple danger for Indigenous and frontline communities. That’s why RAN is ramping up the pressure on some of the world’s largest banks and financiers.

RAN protests MUFG Union Bank

The Money Behind the Big Business of Burning

Posted September 3, 2020 in The Understory

Tropical forests do not burn by themselves — Big Agribusiness is setting the fires intentionally, as it’s the cheapest way to clear new land for palm oil, pulp and paper, soy, and beef. But they need the cash from the world’s mega banks and investors like fire needs oxygen — to defend our forests we need to defund the fires.

Rigged Games

Posted August 24, 2020 in The Understory

The Tokyo 2020 Olympics and its corruption scandals are directly tied to rainforest destruction: The Games’ timber supplier Korindo was “allegedly engaged in questionable deals” as they bought up rainforests in Indonesia to harvest timber and develop palm oil plantations. But to date, the Tokyo 2020 organizers have failed to disclose how much Korindo wood they used, rejected six complaints we brought against them over their use of Korindo wood, and only partially disclosed where the wood was sourced from.