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Top Banks Accused of Greenwashing Amid Amazon Oil Financing

A recent report by Stand.earth and COICA accuses five leading banks of 'greenwashing' by inadequately protecting the Amazon when financing oil and gas extraction. The analysis reveals insufficient environmental and social risk management, urging banks to cease such financing to safeguard 80% of the rainforest by 2025. ....

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US-backed oil exploration bringing global forests to 'point of no return,' activists say

As an unprecedented forest summit opens in Africa, a global movement of indigenous activists is pushing to halt all industrial and oil exploration in the world’s principal forests — an expansion largely funded by the U.S. and other Western countries. Campaigners in countries from Peru to Indonesia argue oil exploration is a threat to the… ....

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Mining threatens 33% of Amazon Basin's intact forests, report says

São Paulo, Oct 25 (EFE).- The expansion of mining activities in the Amazon River basin, the world’s largest, threatens over 33% of the region’s untouched tropical rainforests spanning eight countries, according to a study released by the NGO Earth InSight. The study released Tuesday reveals that over 170 million hectares of these pristine forests “overlap … ....

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Amazon summit lights way for Indigenous say in forest protection

Amazon summit lights way for Indigenous say in forest protection
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