Bankrolling ecosystem destruction – The EU must stop the cash flow to businesses destroying nature
In this report, a coalition of NGOs shows that 135 key actors in ecosystem risk sectors have received more than one-fifth of their total global credit since the 2015 Paris Agreement, and just under one-tenth of their current global investment, from EU-based financial institutions.
The report lays out the importance of EU regulation of the financial sector to align finance with the global 1.5°C and biodiversity targets, including ending any new provision of financial services to groups that contribute to nature destruction.
Read More (PDF)Organization: Greenpeace International, Milieudefensie and Harvest
Author: Greenpeace International, Milieudefensie and Harvest
Date: 2024
Location: Array
Language: English
Type of resource: Report
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