Banking while Borneo burns: top five banks fuelling climate change

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Behind the shiny façade of the financial sector lies a dirty secret. UK banks and investors are pumping billions of pounds into high carbon fossil fuel projects around the world – devastating the lives of communities and destroying the natural environment. The World Development Movement, JATAM and Down To Earth visited communities in Borneo who are facing an uncertain future as BHP Billition has plans to mine numerous coal concessions. Watch the short video below from their trip examining the links between the BHP Billition’s coal mining in Indonesia with the financial sector in the UK.

 

There is a longer version of the video here.

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