Since the 2015 Paris climate agreement, European banks have lent about €256 billion to corporations that put forests, savannahs and other natural ecosystems at risk, according to new research by a collective of NGOs, including Greepeace.
More than 130 key actors in ecosystem risk sectors have received more than one-fifth of their total global credit since the 2015 Paris Agreement, and just under one-tenth of their current global investment, from EU-based financial institutions, according to the report published on Tuesday.
