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. 🧵
Conversation
1. 🧵⬇️
Quote Tweet
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
Show this thread
Replying to
2. 🧵⬇️
Quote Tweet
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. 
Show this thread
6
