Investing in Amazon Destruction

United States corporations are funding oil companies operating in the Amazon

Fossil fuel companies couldn't keep expanding the fossil fuel frontier deep into the Amazon rainforest were it not for the institutions financing that expansion.

Amazon Watch research revealed that financial institutions like JPMorgan Chase – the biggest U.S. bank – and BlackRock – the world’s largest asset manager – are funding the destruction of the Amazon rainforest and the violation of Indigenous rights. While these two companies like to talk about the importance of social responsibility, we know it's their actions that really count.

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