BNP to limit finance to customers using converted Amazon forest lands.

BANKING AND CREDIT NEWS-February 15, 2021--BNP to limit finance to customers using converted Amazon forest lands

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Global Banking News - 15 February 2021

France-based BNP Paribas (BNPP.PA) has said that it is to limit finance to those customers who are using converted Amazon forest lands, according to agriculture.com.

The bank says that it will not finance customers producing or buying beef or soybeans from land cleared or converted in the Amazon after 2008. This...

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