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Financing Reef Distruction

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Market Forces and 350.org will be launching a new report that identifies the banks that have lent the most money to coal ports and liquefied natural gas plants inside the Great Barrier Reef World Heritage Area over the past five years. The report is called Financing Reef Destruction and is available for download.

Since 2008, ANZ, Commonwealth, NAB and Westpac have loaned $6.5 billion to coal and gas ports on Australia’s East Coast, many of them inside the Great Barrier Reef World Heritage Area. Find out how much your bank has been financing dirty coal and gas export projects and take action to make sure your bank won’t lend to these projects again - not on your account.

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