“Green Finance” Promises to Save the Planet. It’s Doing the Opposite.
Every firestorm, hurricane, and flood gives investors an opportunity to make more money.
Rolando Zumba, a gentle fifty-nine-year-old, wept through an Associated Press interview as he described the displacement of his people and their traditional lands to make way for a giant carbon offset project. His own ability to hunt disappeared when rangers in Peru’s Cordillera Azul National Park—a spectacular 13,500-kilometre sweep of Amazon rainforest, mountains, and waterfalls—confiscated his hunting rifles. The act ended self-sufficiency for his Kichwa tribe on its ancestral land, ensuring poverty and hunger for his people.
