More About End Amazon Crude

The Amazon Rainforest-Sized Loophole in Net Zero

How net zero pledges can lead to false solutions for Amazon rainforest and climate protection

Trading forest protection for continued greenhouse gas emissions presents a false and dangerous "solution" to the climate crisis. Instead, emissions must be drastically reduced, forests must be protected for their own sake, Indigenous forest stewardship must be recognized and respected, and the root causes of deforestation – namely commodity extraction and production in forests – must be halted.

Banking on Amazon Destruction

How European and U.S. banks fund the oil and gas industry despite environmental and social risks driving the Amazon over the brink

In Amazon Watch and Stand.earth’s latest report, Banking on Amazon Destruction, researchers compare the Environmental and Social Risk (ESR) policies of target banks to their actions. Together, we are calling on banks to exclude all types of finance (including investment) for any company engaging in the oil industry in the Amazon, setting markers to end new financing by 2022 and existing financing by 2025.

Investing in Amazon Crude II

How the Big Three Asset Managers Actively Fund the Amazon Oil Industry

Three of the world's largest asset managers – BlackRock, Vanguard, and State Street – with trillions of dollars under their control, invest in oil companies with horrific environmental and human rights records across the Amazon Basin. Right now, these asset managers hold a large amount of risk by actively contributing to Indigenous and human rights abuses, forest destruction, biodiversity loss, and climate chaos. The "Big Three" can't claim to be climate champions while steering client money into oil drilling in the rainforest.

What Do You Get When You Beat Chevron in Court? 500 Days of Home Detention

"As my physical world has shrunk, the online world has expanded by multiples of thousands. And once I get through this, I have no doubt that Chevron will be paying this judgment such that thousands of Indigenous people and rural communities will have a clean environment and thousands of lives will be saved. That's what this is ultimately about."

Manufacturing Consent: Ecuador to Draft New Bill on the Consultation of Indigenous Peoples, Without Consulting Them

"We demand that an FPIC law be put forth in harmony with and respect for our peoples and nations and our ways and time frames for discussion, analysis, and decision-making. We are not going to acquiesce to an illegitimate law written from their desks in Quito," said a CONFENIAE statement. "Since this will be a law regarding the collective rights of Indigenous peoples and nations, we ourselves must be the ones who put forth and define that law. Any law that sidesteps dialogue with us will not be valid and will not be enforceable in the territories of the Indigenous peoples and nations."

Climate Activists Ramp Up Pressure on BlackRock During Fires Week of Action

Despite positioning itself earlier this year as a financial firm that leads on climate, BlackRock continues to be a major financial investor in the deforestation commodity companies currently fueling the fires in the Amazon. BlackRock is a top investor in deforestation-risk commodities around the world, and despite vague commitments to prioritize "sustainability," the company lacks clearly defined policies to prevent deforestation or safeguard the rights of Indigenous peoples in its investments. The depth of BlackRock's greenwashing is astounding.