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Prince William Charity Invests With Bank Tied to Dirty Fuels

Prince William visits the 2021 Earthshot Prize Winner, in Coral Vita, Bahamas, on March 26

Prince William visits the 2021 Earthshot Prize Winner, in Coral Vita, Bahamas, on March 26

Photographer: Ian Vogler/Getty Images

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London (AP) -- 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.