How commercial banks have supported PNG’s destructive logging boom
Submitted by ACTNOW on Wed, 01/12/2021 - 11:07Commercial banks operating in Papua New Guinea have given at least K300 million (AU$144 million) in available credit, since 2000, to the country’s five largest exporters of tropical logs, according to a new report, The Money Behind the Chainsaws, from Act Now! and Jubilee Australia Research Centre.