Links between tax havens, deforestation and illegal fishing exposed

The release of the “Paradise Papers” and “Panama Papers” exposed how multinationals, politicians and the wealthy use offshore tax havens to conceal their wealth and money flows, and reduce their exposure to tax. Now, a team of researchers from the Stockholm Resilience Centre (SRC) at Stockholm University and the Global Economic Dynamics and the Biosphere (GEDB), Royal Swedish Academy of Sciences, have published the first study showing how tax havens are linked to economic sectors that potentially cause serious global environmental impacts.