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Mongabay
Mongabay
Major investment managers including BlackRock and Capital Group are among more than a dozen U.S. and Brazilian institutions heavily financing mining companies that are destroying Indigenous reserves and their inhabitants’ way of life in the Amazon. That’s the finding from a report published Feb. 22 by the Articulation of the Indigenous Peoples of Brazil (Apib) — the country’s largest Indigenous organization — the NGO Amazon Watch, and the Amazônia Minada Project. The 20 institutional investors plowed a combined $54.1 billion into nine mining conglomerates — including giants Vale, Anglo America…