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THE MONEY BEHIND THE CHAINSAWS (2021)

THE MONEY BEHIND THE CHAINSAWS (2021)

Over the past 20 years, the forests of PNG have been the site of a resource grab on a massive scale that has seen billions of dollars’ worth of valuable tropical hardwood logs shipped out of the country, with minimal returns.

This joint report with Act Now! explores how PNG’s four commercial banks have supported, and in some cases are still supporting, this resource grab by providing credit and banking services to the logging companies.

Photo: Palm oil nursery in West Pomio (c) Paul Hilton, Greenpeace

Attachments

The Money Behind the Chainsaws - Final.pdf
The Money Behind the Chainsaws - Executive summary.pdf