Greenwashing the Amazon
How Banks Are Destroying the Amazon Rainforest While Pretending to be Green
Read the report:
- English (Full Report | Executive Summary)
- Spanish (Informe completo | Resumen Ejecutivo)
- Portuguese (Relatório completo | Resumo Executivo)
Read the press release:
A new report by Stand.earth reveals that only one of the top six banks financing oil and gas extraction in the Amazon has an effective policy to protect the region. The report published in collaboration with the Coordinating Body of Indigenous Organizations of the Amazon Basin (COICA), reveals that, on average, 71% of the Amazon is not effectively protected through the environmental and social risk management frameworks of the five top financiers of Amazon oil and gas – Citibank, JPMorgan Chase, Itaú Unibanco, Santander, and Bank of America.
