Belgium

ING finances controversial palm oil companies in spite of sustainability policy

As ING launches its sustainable investment campaign, a civil society coalition from Belgium and the Netherlands calls upon ING to clean up their act. ING’s financing of controversial palm oil companies such as SOCFIN is far from sustainable.

As ING launches its sustainable investment campaign, a civil society coalition from Belgium and the Netherlands calls upon ING to clean up their act. ING’s financing of controversial palm oil companies such as SOCFIN is far from sustainable.

Are European taxpayers funding land grabs and forest destruction?

The central aim of European Development Financial Institutions (DFIs) is to foster growth and reduce poverty. Yet in Africa, evidence is mounting that they have funded ‘forestry’ projects which have caused deforestation, possible land grabs, and undermined communities’ livelihoods.

The central aim of European Development Financial Institutions (DFIs) is to foster growth and reduce poverty. Yet in Africa, evidence is mounting that they have funded ‘forestry’ projects which have caused deforestation, possible land grabs, and undermined communities’ livelihoods.