Revealed: UK banks and investors’ $2bn backing of meat firms linked to Amazon deforestation

Significant deforestation has been linked to the beef trade in South America. Picture: Greenpeace

By Andrew Wasley and Alexandra Heal

British-based banks and finance houses have provided more than $2bn (£1.5bn) in financial backing in recent years to Brazilian beef companies which have been linked to Amazon deforestation, according to new research.