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AAP
AAP
Environment
Poppy Johnston

Long way to go to stop lending for deforestation

Destruction of bushland contributes to climate change and threatens species. (Mick Tsikas/AAP PHOTOS)

Australian banks have been slow to trim exposure to deforestation, with big agribusiness players still found to be lending to bush-bulldozing businesses.

Two years on from the Australian Conservation Foundation's first foray into the financing of destructive land clearing, a follow-up report points to sluggish progress.

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