Joint letter calling on financial regulators and major banks to prevent repeat Southeast Asia haze crisis in 2016

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As the fire season resumes in Southeast Asia, financial regulators are asked to introduce emergency sanctions to stop banks providing financial services to forest-sector clients causing haze.

To whom it may concern,

The fires and resultant haze that choked Southeast Asia in 2015 caused an unprecedented environmental disaster, public health crisis for millions of people, and cost Indonesia’s economy more than US $16 billion[1]. New fire incidents are being reported in Indonesia and Malaysia as the 2016 burning season begins.

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