Banks urged to stop financing activities that lead to wildlife extinction
A new report emphasises risks associated with lending to industrial agriculture, which is a major cause of biodiversity loss
28 October 2020 - 11:27
London — Campaigners called on Wednesday for global banks to stop financing industrial activities driving animal and plant species towards extinction, after a report ranked 50 lenders involved in sectors that pose the greatest threat to wildlife.
While European and US banks have faced years of pressure from regulators or environmental groups to act on climate change, their role in financing economic activities that destroy biodiversity is also coming under growing scrutiny...
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