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You’ve heard of greenwashing, and greenhushing. But have you ever heard of greenlaundering?
Tax Justice Network has been working on a first-of-its-kind piece of research shining a light on the connection between financial secrecy and bank financing of fossil fuels.
The report investigates how much fossil fuel financing goes through so-called secrecy jurisdictions – which is a type of tax haven – and how this benefits banks and fossil fuel companies.
Because most fossil fuel financing is facilitated through a ‘hall of mirrors’, banks get to conceal much of their true fossil fuel exposure from the public and regulators, while clients can circumvent bank exclusion policies.
Join us for a webinar where the report authors, Alison Schultz and Franziska Mager, will present their findings which will have implications for our work and offer opportunities to collaborate with the tax justice movement.