Connecting the Dots: Biodiversity Destruction Fueled by International Bank Credit

Latest data reveals that credit flows from international and domestic banks have become a major driver of biodiversity destruction in Indonesia and other parts of the world. With loans amounting to USD 89.17 billion (Rp 1,289.59 trillion) between 2016 and June 2024, sectors like palm oil, pulp & paper, and other commodities have relentlessly put ecological pressure on fragile ecosystems, causing massive deforestation, human rights violations, and environmental disasters.

The report details the role of financial institutions, from global creditors to national banks, in enabling exploitative practices by major players like Sinarmas and Royal Golden Eagle. Beyond the figures, the document highlights the tangible impacts on the ground—degraded lands, land-grabbing, and basic rights violations.

The detailed report has been structured into an infographic to provide a comprehensive understanding of the financial sector’s involvement in biodiversity destruction. Let’s join hands to push for a shift toward sustainable financing.

You can download the report using the link below.

This post is also available in: Indonesian