Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Actors / Asset manager · United States

BlackRock

Appears in 5 cases in this database. Roles as given in the documented record.

CaseRoleCountryPeriodInstrument
Lake Turkana Wind Power and the Marsabit-Suswa transmission line delayManager of the Climate Finance Partnership fund that bought the stakesKenya2006Wind, hydro and other renewables
Texas anti-ESG law SB 13 and the states' suit against BlackRock, Vanguard and State StreetDefendant; removed from the Texas list in June 2025United States2021–2026Lobbying, PR and greenwashing
Leonard Leo network and the anti-ESG campaignTarget of attorneys general letter and Texas suitUnited States2020–2026Lobbying, PR and greenwashing
Occidental Stratos direct air capture plant (Texas)Investor ($550 million)United States2023–2026Carbon capture and climate intervention
Verra suspends three REDD+ schemes in Brazil's Portel over public land overlapCompany that used Pacajaí credits in emissions reportsBrazil2023–2025Carbon credits

Carbon and conservation finance

Carbon credit
A certificate representing one tonne of carbon dioxide (or equivalent) that a project says it reduced, avoided or removed. Buyers use credits to balance their own emissions in climate claims.