Banks News

National and international NGOs from around the world have asked more than two dozen banks not to finance a 1,445-kilometer (898-mile) pipeline to shuttle oil from fields in Uganda to…

fExchange-traded funds, or ETFs, have swept through the financial world, building to a collective worth of $6.7 trillion by the second half of 2020. An ETF is a sort of…

Brazil’s biggest beef companies have been directly linked to more than 17,000 hectares (42,000 acres) of illegal deforestation in the Amazon state of Pará. According to a recent investigation by…

Some of the world’s biggest banks have invested US$153.2 billion in forest-risk companies in Brazil, Southeast Asia, and Central and West Africa since the Paris Climate Agreement was signed in 2016.

Since the Paris climate agreement was signed in 2016, 300 companies at risk for contributing to deforestation have received at least $153.9 billion in financing, according to a new analysis…

Note: CIMB has issued a response to this piece. It’s that time of the year: Indonesia is burning once again. Miles and miles of primeval forest are being lost to…

The use of coal as an energy source is steadily declining in the U.S. and Europe, but coal mining and the construction of coal-fired power plants continues across South and…

A pork and chicken producer has expanded its operations in northern Ecuador with the help of funding from the World Bank's commercial lending arm, despite sustained complaints from local communities…

MANILA — Development banks and other investors are fueling the violence against people in the Philippines who are protecting their land and environment from destructive industries, eco-watchdog Global Witness reveals…

Dutch banks ABN AMRO, ING and Rabobank are failing to inform their customers that investment funds they offer include shares in palm oil companies damaging the environment in Indonesia, according…

On Sept. 19, Indonesian President Joko Widodo slapped a three-year moratorium on the issuance of new licenses for oil palm plantations. The moratorium was introduced to “improve governance of sustainable…

The owner of Indonesia’s largest conglomerate has been accused of participating in the illegal deforestation of Borneo’s Ketungau peat swamp to make way for oil palm plantations. The Salim Group,…

On June 21 last year in Sarawak, Malaysia, opposition politician and indigenous rights campaigner Bill Kayong was shot dead through the window of his pickup truck as he waited at…

olivia’s TIPNIS Highway — defeated by mass protests from indigenous groups and environmentalists — rates as one of the most controversial Latin American construction projects of recent years. The role…

Barro Blanco hydroelectric dam under construction. Photo courtesy of Robin Oisín Llewellyn. A Ngäbe indigenous Panamanian, Onesimo Rodriguez, opposing the Barro Blanco hydroelectric dam project was killed last Friday evening…

The world's second largest mining company, Vale, has been given the dubious honor of being voted the world's most awful corporation in terms of human rights abuses and environmental destruction…

A new report from civil and environmental organizations highlights the top 20 banks that spend the most money on coal, the world's most carbon-intensive fossil fuel. Released as officials from…