Some of the world’s largest banks and financial institutions are helping to finance beef companies linked to the destruction of the Paraguayan Gran Chaco, according to a report published by rights group Global Witness. It lists investment giants BlackRock and Vanguard; lenders BNP Paribas, HSBC, Santander, J.P. Morgan and Bank of America; and pension fund […]
The Amazon gets a lot of attention, but there’s another massive forest in South America: the Gran Chaco. This hot, dry forest stretches across Paraguay, Bolivia, and Argentina, covering 87 million hectares (215 million acres) of land, an area roughly twice the size of California. Many Indigenous people call this arid landscape home, including the […]
The forests of the Gran Chaco in Paraguay continue to be the target of illegal deforestation, prompting one of the world’s last uncontacted Indigenous nations to reportedly reach out to express their concern over the continued encroachment by outsiders. In September 2020, an investigation by London-based NGO Earthsight exposed the link between the illegal clearances […]