Partner News
Rabobank’s financing of deforestation in Brazil
Report cover "Rabobank's destructive financing of deforestation in Brazil". Photo: Profundo
Dutch Rabobank financed sectors that contribute to deforestation and environmental destruction in Brazil on a large scale. In the period 2000-2022, Rabobank provided nearly $10 billion in loans and other financial services to companies in the beef, soy and pulp and paper sectors in Brazil. That yielded at least €700 million in profit. This is offset by enormous damage to climate, nature and health of at least €66 billion.
Read the full report here.