Ecuadorian Amazon: Three European Banks Stop Funding Trade of Oil
BNP Paribas, Credit Suisse and ING have announced plans to exclude the problematic export from their trading activities in response to environmental criticisms
January 25, 2021Al Jazeera
Marlon Vargas, president of the Confederation of Indigenous Nationalities of the Ecuadorian Amazon, believes "the decision of these banks to stop financing trade of Amazon crude from our territories is a major milestone in our effort to protect our lands, our lives, and our cultures. For too long, the oil industry has wreaked havoc on our peoples, violated our rights, felled our forests, taken our territories, and created climate chaos."