U.S. firms fund deforestation, abuses in Amazon: report

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Major U.S. financial firms are helping fund environmental destruction and indigenous rights abuses in the Amazon with billions of dollars in investments in questionable companies, according to a report published Tuesday.

Six top firms -- BlackRock, Citigroup, JPMorgan Chase, Vanguard, Bank of America and Dimensional Fund Advisors -- have invested more than US$18 billion over the past three years in mining, agribusiness and energy companies involved in a "series of abuses" in the world's biggest rainforest, found the report by the environmental group"Major financiers...

Sign up here to receive The Climate Barometer, delivering climate and environmental news to your inbox every week It accuses those companies of harmful practices including land seizures, violence against indigenous groups, illegal deforestation and the use of harmful pesticides.

 

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How not surprise am I

If evidence supportd abuses by any company from any nation they need to be held accountable. Sensitive environments such as the Amazon must be protected.

Breaking news:

If you are concerned about the deforestation of the Amazon, you need to read this. The world needs Biden as president to stop this destruction of OUR planet!

Now there’s a surprise! NOT!

Propaganda by CTV, Fact checked it and it is all False!

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