Citi’s financial support to the Ecuadorian government is directly linked to oil drilling on and near Indigenous territories in the Amazon, where community leaders have repeatedly voiced opposition to such projects.
June 29, 2022
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As part of the 49th session of the UN Human Rights Council, more than 60 civil society organizations released a new report that evaluates 26 projects backed by Chinese companies and capital across nine Latin American countries. The investigation found a pattern of failure to comply with international standards on human rights and the environment...
In the latest edition of the Complicity in Destruction series, research by APIB and Amazon Watch found that international financiers, including BlackRock, Vanguard and Capital Group, poured USD $54.1 billion into eight large mining companies, including Vale, Anglo American, and Belo Sun.
“Oil drilling in our Amazon has brought contamination, disease, deforestation, destruction of our cultures, and the colonization of our territories. It is an existential threat for us and violates our fundamental rights as Indigenous peoples.”