May 15th, 2018; NBC Washington
Hidden in the Paradise Papers, a cache of 13 million leaked documents documenting a small slice of the world of offshore investing, lurks a credit agreement that reveals that some of the nation’s best-known environmental nonprofits are invested in oil drilling and exploration. The World Wildlife Fund invested more than $2 million in Denham Commodity Fund Partners Group V starting in 2008 and is slated to remain in the fund for another two years. But they are not the only nonprofit with the most invested in the fund; that might be the American Museum of Natural History in New York City, which has $5 million invested, though it says that it has been working to reduce its fossil fuel investments.
“It’s hypocrisy at its core,” said divestment advocate Ellen