More About End Amazon Crude

End Amazon Crude

To protect the climate and defend Indigenous rights, we must stop the expansion of the oil drilling in the Amazon. And in order for that to happen, we need to push U.S. corporations and politicians to to do their part to End Amazon Crude. More

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BlackRock Must Commit to Indigenous Rights – Not Just Climate Change

March 19, 2021Mongabay

"In Brazil the operations of corporations like the ones we mention above, into which BlackRock directs substantial investments on behalf of clients, have profound negative impacts on our communities, our forests, and the climate," APIB wrote. "You therefore have a responsibility for our future. And if the Amazon is destroyed, the future of the entire planet is at risk."

BlackRock to Press Companies on Human Rights and Nature

March 17, 2021Bloomberg

Environmental group Amazon Watch welcomed BlackRock's moves but said they didn't go far enough. BlackRock failed to identify transparent expectations, time lines and consequences for company inaction on these issues, according to Moira Birss, Amazon Watch's Climate and Finance Director. "BlackRock should adopt a definitive no-deforestation and human rights policy with clear accountability mechanisms that result in concrete improvements for communities, ecosystems, and the planet," Birss said.

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

December 22, 2020

"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

November 18, 2020

"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

September 4, 2020

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.

Climate Activists Stage Direct Action Against BlackRock's Continued Financing of Amazon Fires

Activists post decals of Amazon fire destruction on BlackRock's San Francisco and New York headquarters calling out financier for climate commitments that fail to address deforestation and Indigenous rights violations

September 3, 2020

"According to MAAP, as of August 30th of this year, over 1.1 million acres (453,000 hectares) of recently deforested areas have burned in the Brazilian Amazon. Given the urgency of what's happening in the Amazon today, it's encouraging to see that activists are turning out from coast to coast to hold BlackRock accountable for its contributions to climate change and rainforest destruction," said Pendle Marshall-Hallmark, Climate Campaigner for Amazon Watch.

New Report Reveals European Banks Financing Trade of Controversial Amazon Oil to U.S.

Banks in Switzerland, France, Netherlands facilitate trade from Amazon Sacred Headwaters region in Ecuador, where oil extraction contributes to spills, human rights abuses, and climate destruction

August 12, 2020

"The oil industry has a toxic legacy in the Amazon, further exacerbated by recent spills that have contaminated rivers and disrupted the health and food security of Indigenous communities. Even during the COVID-19 pandemic, oil companies continue to pursue expansion, putting Indigenous peoples at even greater risk. These banks cannot claim to uphold their own pledges on climate and human rights while they continue to finance the trade of Amazon oil," said Moira Birss of Amazon Watch

European Banks Urged to Stop Funding Oil Trade in Amazon

Indigenous people in headwaters region say financing harms communities and ecosystems

August 12, 2020The Guardian

Marlon Vargas, the president of the Confederation of Indigenous Nationalities of the Ecuadorian Amazon, said: "I wonder if the executives of banks in Europe know the real cost of their financing. How can they possibly sleep peacefully knowing their money leaves thousands of indigenous peoples and communities without water, without food and in devastating health conditions due to the pollution of the Coca and Napo rivers?"

European Banks Financing Trade of Amazon Oil to the U.S.

Groundbreaking report exposes a range of European banks have provided $10 billion USD in trade financing for over 155 million barrels of oil from the Ecuadorian region of the Amazon Sacred Headwaters to refineries in the U.S.

August 2020

Why in the world would any bank that has policies on advancing human rights, sustainability, and climate change be financing the flow of oil from the Amazon Sacred Headwaters region in Ecuador to US refineries? Makes you wonder if there's a little hypocrisy in play. Our report led by Stand.earth Research Group in partnership with Amazon Watch uncovered some serious findings.

European Banks Face Indigenous Calls to End Amazon Oil Trade

August 12, 2020Reuters

European banks committed to backing action on climate change face allegations of double standards from indigenous groups in Ecuador after a report named them as major players in the trade in oil from the Amazon rainforest.