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There was nothing legally binding about capitalists' pledges to stop deforestation by 2030 which media framed as progress, and now in 2023 the destruction continues as the world's financial institutions continue throwing money into agribusiness as usual. 🧵
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1. Analysis of investment patterns in the year since COP26 suggests that Glasgow Financial Alliance for Net Zero members are proceeding with business-as-usual. To blame? Agribusinesses appearing in the portfolios & balance sheets of the world’s top banks. globalwitness.org/en/campaigns/f
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Establishment scientists and journalists want you to assume capitalism can avoid 1.5- 2.5°C of global warming by instantly ending deforestation (fueled by the world's financial institutions) *and* dealing with 100s of billions of dollars now being invested in new oil & gas. 🧵
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Everything Boris 'Piccannines with Watermelon Smiles' Johnson does is a lie, for his short term personal gratification. History may judge his lies about environmental protection as even more catastrophical harmful than his lies about Brexit.