More About Corporate Accountability

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How a Human Rights Lawyer Went from Hero to House Arrest

Lawyer Steven Donziger helped win a $9.5 billion judgment for rain forest cleanup. Then Chevron hit back.

March 31, 2020The Nation

"Steven is totally the opposite of how Chevron portrays him," said Luis Yanza of the Amazon Defense Coalition. "He's dedicated his life – a great part of his life – to defending people in our poor communities."

Drilling in the Amazon? Global Financiers Say Yes

March 23, 2020TriplePundit

"The Amazon rainforest is crucial to climate stability, and oil drilling expansion is one of the greatest threats to it," said Moira Birss, campaign director of the finance program at Amazon Watch.

The Corona Connection

Forest loss drives viruses as well as climate change – and indigenous peoples are on the front lines of the destruction

March 18, 2020The Nation

"The coronavirus is now telling the world what we have been saying for thousands of years – that if we do not help protect biodiversity and nature, then we will face this and worse future threats," said Levi Sucre Romero, a BriBri indigenous person from Costa Rica.

Amazonian Indigenous Peoples Condemn Attempts to Forge Support for Ecuador Mining Project at Toronto Conference

March 16, 2020

The "consultation process" that was presented at the recent conference does not comply with international standards which guarantee that any such process be prior, free and informed. Moreover, the process itself has been carried forward without the prior consent of the affected communities.

U.S. Firms Bankroll Oil Extraction in the Amazon – Report

March 12, 2020E&E News

Major U.S. financial institutions are funneling billions of dollars into crude oil expansion in the western Amazon rainforest, according to a report released today that underscored indigenous peoples' long-standing opposition to fossil fuel extraction on ancestral lands.

Report: The Five Biggest Financiers of New Amazon Oil Boom

BlackRock, Goldman Sachs, Citigroup, HSBC, and JP Morgan Chase defy their own commitments by backing dangerous oil and gas extraction in the western Amazon

March 12, 2020

Oakland, CA – A report released today by Amazon Watch shows how five American and British financial institutions are actively accelerating climate change and human rights abuses by providing billions of dollars in debt and equity financing for crude oil extraction projects in the western Amazon. Already, millions of acres of the western Amazon have been auctioned for oil extraction, with tens of millions more slated by the Peruvian, Ecuadorian, and Colombian governments.

New Amazon Watch Report Highlights Links Between Big Finance, Amazon Crude Oil Extraction, and Indigenous Rights Violations

Activists urged to Join the #StopTheMoneyPipeline to take on Wall Street!

March 12, 2020

In our newest report, Investing in Amazon Crude, and activist guide, Building People Power to End Investment in Amazon Crude, Amazon Watch details the ways that five of the world's most powerful financial institutions – Citigroup, JPMorgan Chase, Goldman Sachs, HSBC, and BlackRock – actively contribute to climate change by providing debt and equity financing for crude oil extraction projects in the Amazon.

Investing in Amazon Crude

The Network of Global Financiers and Oil Companies Driving the Amazon Toward Collapse

March 2020

This report outlines in detail the ways that five of the world's most powerful financial institutions are actively contributing to climate change by providing debt and equity financing for crude oil extraction projects in the Amazon. It highlights key examples of on-the-ground indigenous resistance to oil extraction, which is not only terrible for the climate but also a major financial risk for these institutions.

Building People Power to End Investment in Amazon Crude

March 2020

Building People Power to End Investment in Amazon Crude is a 4-page refresher for activists who want to better understand the role that major financial institutions play in escalating the climate crisis. It includes detailed data from the latest Amazon Watch research on the total debt and equity financing provided by five major firms to companies extracting crude oil from the western Amazon and directly violating indigenous rights in the process.

Baby Steps from Leading Financiers Aren't Enough to Address the Climate Emergency

February 28, 2020

It shouldn't take a million baby steps for the finance sector to adopt measurable policies that prioritize indigenous rights and prohibit deforestation and fossil fuel extraction. JPMorgan Chase and BlackRock need to go much further. They need to stand up and make sweeping changes to their policies, now.