Banks can stop deforestation and some are already doing so
Forests do wonders for the Earth, absorbing and storing harmful greenhouse gas that would otherwise end up in the atmosphere. Yet, deforestation is rampant in many places. Four leading financial institutions are now planning to divest from industries that cut down forests. That should be a call to action for the,in total, 150 financial institutions from around the world that hold $2.8 trillion in shares, loans, or bonds in companies that contribute most heavily to deforestation. And you can help by switching to a more environmentally-friendly bank. READ MORE
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