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Jakarta Post
The Jakarta Post
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Big banks support firms linked to deforestation

  • The Jakarta Post

Jakarta | Wed, September 21 2016 | 07:25 am

PREMIUM The link between the world of finance and the destruction of forests has become clearer with a recent study finding that global banks, including three large banks in Indonesia, have been financially supporting forest-risk companies.

The study titled “Forest & Finance” revealed that financial institutions provided more than US$38 billion worth of commercial loans and underwriting fac...

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