Asia Pacific > Australian bank to end land clearing support from 2026

Australian bank to end land clearing support from 2026

Published 07:40 on November 6, 2023  /  Last updated at 08:44 on November 6, 2023  / /  Asia Pacific, Australia, Biodiversity

Australia’s Westpac on Monday announced it will end lending to the conversion of natural forest to agricultural land, as it became the nation’s first bank to release a natural capital position statement and pledge an ambition to become nature positive.
Australia’s Westpac on Monday announced it will end lending to the conversion of natural forest to agricultural land, as it became the nation’s first bank to release a natural capital position statement and pledge an ambition to become nature positive.


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