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IPFS News Link • Climate Change

Climate boss Carney's firm linked with deforestation


UN Climate envoy and ex-Bank of England boss Mark Carney's firm sold farms in Brazil linked to deforestation claims.

The move comes despite his call on owners to fix rather than sell climate-damaging assets.

Canadian giant Brookfield deforested 9,000 hectares of the important Cerrado savanna region, according to analysis by campaign group Global Witness.

Brookfield said it decided to sell several years ago and it's working on ways to retire damaging investments.