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How US Firms Like BlackRock Bankroll Destruction Of The Amazon

Published December 18, 2020 at 10:40 AM PST
In this aerial image, a fire burns in a section of the Amazon rain forest on August 25, 2019, in the Candeias do Jamari region near Porto Velho, Brazil. (Victor Moriyama/Getty Images)
In this aerial image, a fire burns in a section of the Amazon rain forest on August 25, 2019, in the Candeias do Jamari region near Porto Velho, Brazil. (Victor Moriyama/Getty Images)

Amazon deforestation is up 10% this year, a 12-year high according to Brazilian satellite imagery.

We talk to Moira Birss of Amazon Watch about how banks and other financial institutions such as BlackRock make this destruction possible.

This article was originally published on WBUR.org.

Copyright 2021 NPR. To see more, visit https://www.npr.org.