Environmental and financial investigations @Global_Witness 🌍 via @BloombergUK, sometimes freelance. Following the money and data 🔎 Aspiring plant mum 🪴
Sep 28, 2022 • 14 tweets • 6 min read
🧵 Revealed: Our @Global_Witness analysis has found the Bank of England, the US Federal Reserve and the European Central Bank have bought millions of dollars in bonds issued by companies linked to deforestation and land-grabbing w/@noeL_maS in @guardian.
theguardian.com/environment/20…
🟢 The US Federal Reserve alone bought $16 million in bonds issued by the Archer-Daniels-Midland Company (ADM), Bunge Ltd Financial Corp and Cargill, Inc.
🟢 The Bank of England has invested in an undisclosed fraction of a £150 million Cargill bond.
