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

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.