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AAP
AAP
Environment
Tracey Ferrier

Bank lending not helping Australia's ailing environment

Australia Environment Ernst&Young,
New research has found 22 per cent of all bank loans in Australia carry a risk for the environment. (Parks Victoria/AAP PHOTOS)

More than a fifth of the loans issued by Australian banks have gone to high-risk sectors that degrade and destroy nature, a new analysis shows.

The Australian Conservation Foundation has commissioned research that shines a light on the impact bank lending is having on Australia's ailing environment.

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