Sunday 12 July 2020
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eaglenews - 18 days ago

$4 trillion fund holders tell Brazil to halt deforestation

by Patrick GALEY PARIS, France (AFP) Investment funds managing close to $4 trillion in assets called on Brazil Tuesday to halt deforestation of the Amazon in an open letter warning that biodiversity loss and carbon emissions pose a systemic risk to their portfolios. The managers from countries across Europe, Asia and South America expressed their fears that the government in Brasilia was using the COVID-19 crisis to push through environmental deregulation that could jeopardize [ ]


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