Mongabay: Asian banks give billions to firms linked to deforestation, study finds
“Industries that cause the loss of rainforest and peatlands in Southeast Asia were bankrolled to the tune of $62 billion between 2013 and 2018, according to new data released by…
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MEDIA ADVISORY: Indigenous, Environmental, and Climate Justice Groups Rally Outside Equator Principles Meeting, Demand Stronger Commitments
Indigenous, Environmental, and Climate Justice Groups Rally Outside Equator Principles Meeting, Demand Stronger Commitments Despite global standards, world’s biggest banks continue to fund environmentally damaging projects that disregard Indigenous communities’…
Summary Briefing for Investors, Banks and Regulators in Japan
This is a summary briefing of the 2018 edition of Banking on Climate Change, the ninth annual fossil fuel finance report card, which grades 36 commercial banks from Australia, Canada,…
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Who’s Bankrolling TransCanada?
Who’s banking the Coastal GasLink pipeline Feb 2020 UPDATE. Who’s banking the Keystone XL pipeline May 2020 UPDATE. Today, the Trump administration approved TransCanada’s latest permit to build the Keystone…
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First of its Kind Online Platform Reveals the Banks and Investors Financing Companies Linked to Tropical Forest Loss in Southeast Asia
Financial sector under the spotlight in new international push to protect forests and forest communities FOR IMMEDIATE RELEASE Contact: Blair Fitzgibbon, blair@soundspeedmedia.com Singapore ––Today, Rainforest Action Network (RAN), TuK INDONESIA…
2014 in Review: Big Banks Ditch Mountaintop Removal Coal
In 2014, leading global banks began to turn away from financing mountaintop removal (MTR) coal mining. For years, RAN and other organizations in Appalachia and around the world have warned…
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Mountaintop Removal Coal Mining: Five Things You Need to Know
A few days ago, I sat down for an interview with the good folks at Living on Earth, Public Radio International’s weekly environmental news show. We talked about RAN’s work fighting…
Time for France’s Biggest Bank to Stop Funding Mountaintop Removal Coal
This post is by Ben Collins of RAN and Yann Louvel of BankTrack. The campaign to stop bank financing of mountaintop removal coal mining is gaining momentum. For years, RAN…
Mountains, Water and Community
Last week, Rainforest Action Network and three allies testified at Bank of America’s annual shareholder meeting, urging them to drop coal, to stop profiting from environmental destruction and human rights…
Did You Hear The One About The Bank That Couldn’t Count?
Last week, Bank of America (BofA) admitted a huge accounting error—for several years, it claimed a whopping $4 billion more in capital than it actually has. The day BofA announced…