Prince William Charity Invests With Bank Tied To Dirty Fuels
Newsy
Financial experts say investments like those of the prince's conservation foundation can be blind spots for charities and philanthropies.
The conservation charity founded by Prince William, second in line to the British throne and who launched the Earthshot Prize, keeps its investments in a bank that is one of the world's biggest backers of fossil fuels, The Associated Press has learned.
The Royal Foundation also places more than half of its investments in a fund advertised as green that owns shares in large food companies that buy palm oil from companies linked to deforestation.
"The earth is at a tipping point and we face a stark choice," the prince, a well-known environmentalist, is quoted saying on the websites of the Earthshot Prize and Royal Foundation.
