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Article

7 Apr 2002

Author:
Severin Carrell, Independent [UK]

Bank's £35m gift for WWF angers greens

HSBC has invested in many damaging projects - so why is it now giving money to a leading conservation agency? Opponents within the organisation [World Wide Fund for Nature] fear they are being used to "greenwash" the bank, which is accused of funding the destruction of virgin Indonesian rainforests and two controversial dam projects in China and southern Africa.