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Greenwashing made in Europe by Michelin and BNP Paribas in Indonesia

12 Sep 2023

Michelin and its Indonesian partner had the planting of rubber trees on land torn from the virgin forest in Indonesia financed by "green" certified bonds marketed by BNP Paribas. After a year and a half of investigation in partnership with Tempo magazine in Jakarta, we reveal the flaws of green finance and how eco-responsible investors were duped.


The fieldwork in Indonesia carried out by our media partner Tempo was supported by the Global Initiative Against Transnational Organized Crime. The investigation was also supported by the Environmental Reporting Collective, Journalismfund Europe, the GRID-Arendal Investigative Environmental Journalism Grants programme, and Mediabridge.


About the author


Stefano Valentino is an Italian entrepreneurial journalist, member of the European Data Journalism Network and a specialist of global ecological crises.

Over the last years, he has investigated the connections between environment, sustainability, lobbying, security and conflicts. He has a track record of international investigations funded by grant-making organizations. His work has appeared in leading media outlets in different countries, such as the Guardian, the Christian Science Monitor, The Washington Spectator, EU Observer, L’Express, Alternatives Economiques, Il Sole 24 Ore, La Repubblica, il Fatto Quoatidiano, El Confidencial, NRC Handelsblad, and Vox Europe.

Status: Completed

Type: Investigative Journalism Grants

Author: Stefano Valentino

Year of publication: 2023

Publisher: Vox Europe

Tags: Investigative Environmental Journalism

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