Ending Financing for Oil in Amazonia
The Exit Amazon Oil and Gas campaign, coordinated by Stand.earth and in collaboration with the Pan-Amazonian Indigenous Organization, COICA, is calling on banks to stop financing – directly and indirectly – oil and gas in Amazonia.
Amazonia is one of the last places in the world where oil drilling should be happening, especially since the International Energy Agency (IEA) warns that there can be no new fossil fuel projects if the world is to stay within the 1.5°C limit on global warming.
The Exit Amazon Oil and Gas platform calls for urgent action in Amazonia, with a demand for banks to immediately commit to:
- Not financing any new oil and gas expansion;
- Phasing out their current financing;
- Adopting strong, binding policies to respect the Indigenous right to self-determination.
Banks Must Exit Amazon Oil & Gas
In line with the need to protect 80% of Amazonia by 2025 and the campaign's demand to end financing and licensing for industrial activities in the Amazon, campaigners at Amazon Watch and Stand.earth have teamed up with leadership from COICA, CONFENIAE, AIDESEP, and other Indigenous organizations to call on banks to live up to their commitments to s
Stop the money pipeline for Amazon destruction
JP Morgan Chase and CITI must adopt an Amazon-wide exclusion policy for oil and gas. Sign now.
Banks must adopt an Amazon-wide exclusion policy
JP Morgan Chase, HSBC, Deutsche Bank, Goldman Sachs, and Citigroup are at “very high-risk” of funding the destruction of the Amazon. Banks must adopt an Amazon-wide exclusion policy. Sign now.
UBS & Societe Generale must commit to stop financing crude oil.
I added my name to urge these banks to stop financing the trade of Amazon crude oil.