Rigged Games
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.
The Bank You’ve Never Heard of That’s Bankrolling Deforestation AND the Climate Crisis
Around the world, our greatest protection against the climate crisis is going up in flames. Forests are our greatest line of defense against worsening climate chaos, but they’re being destroyed…
The Telegraph: HSBC has not cut its ties to deforestation despite pledge, say activists
“HSBC has been accused of continuing to fund firms linked to deforestation despite its pledge to sever ties with unethical palm oil producers years ago. The bank is “falling short” on…
Japan’s Megabanks Complicit in Destroying Critical Carbon Sinks & Fueling Illegality
New report examines Japanese bank financing of Indonesia’s devastating fires; tropical forest and peatland destruction; human rights abuses Tokyo – A new report published today by Rainforest Action Network (RAN)…
Mongabay: Asian banks give billions to firms linked to deforestation, study finds
“Industries that cause the loss of rainforest and peatlands in Southeast Asia were bankrolled to the tune of $62 billion between 2013 and 2018, according to new data released by…