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Japanese Banks Summary – Banking on Biodiversity Collapse

Forests & Finance has released a new report on the role of Japanese banks in forest-risk commodity sectors.

Banking on Biodiversity Collapse – Japanese Bank Summary highlights how the country’s top banks—MUFG, Mizuho, and SMBC—continue to finance companies driving deforestation in Southeast Asia and South America./

Related: Despite NDPE policies, MUFG continues financing companies tied to massive peatland fires in Indonesia.
Learn more about MUFG’s financing of a carbon bomb.