More About International Financial Institutions

Showing articles 21 - 30 of 46 total | Page 3 of 5

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.

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.

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.

Indigenous Ecuadorians Too Strong to Be Ignored After Deal to End Protests

After days of unrest, president agrees to stop austerity package – showing the political force of Ecuador's Indigenous groups

October 16, 2019The Guardian

"I believe that peace triumphed," said Patricia Gualinga, from the Amazonian Kichwa community of Sarayaku. "But I feel a knot in my throat about the loss of the lives of Indigenous brothers. There is a lot of pain to be healed and the government should be aware of this."

Ecuador's Indigenous Movement Achieves Important Victory as Violence Stopped and Austerity Decree Repealed

October 14, 2019

"How can we talk about 'development', when our territories where we've lived for hundreds of years are being exploited, are being auctioned off, turned into new oil concessions. This undeniably affects us!"

Deal Struck in Ecuador to Cancel Austerity Package and End Protests

October 13, 2019The New York Times

Under the agreement, Mr. Moreno pledged to withdraw from an International Monetary Fund-backed program, known as Decree 883, that raised fuel prices, and the Indigenous leaders agreed to call off more protests. The two sides agreed to work together to put in place a new economic policy of government spending cuts and taxes to increase revenues.

Brutality, Violence, and Repression in Ecuador

Ecuador's Indigenous movement is under attack while demanding justice and respect for their rights and territories

October 11, 2019

"For centuries, we have protected our lands in the mountains and the Amazon, and we will not allow Indigenous peoples, Indigenous territories, and our global climate to pay the cost for the government's mounting debt to China and international lenders. Once again, we are putting our bodies and our lives on the line to protect our families, rights, cultures, and territories."

Working Together to Keep Fossil Fuels in the Ground!

April 24, 2015

This week Amazon Watch was proud to host a pioneering Climate Equity Strategy Session in partnership with the Sierra Club and the Hillary Institute, where representatives from Indigenous and frontline communities, international NGOs, and climate and energy experts discussed the challenges and opportunities of keeping fossil fuels in the ground in the Americas.

Eye on Ecuador: Racking Up the China Debt and Paying It Forward with Oil

January 13, 2015

Ecuador's President Correa was well-rewarded for his trip last week to China, but this could have grave impacts for the Amazon and the people who live there.

Ecuadorian Military Breaks Yasunidos Blockade

Yasunidos Defends Signatures and Denounces Electoral Irregularities

April 17, 2014

Quito, Ecuador – Just five days after turning in more than enough signatures to qualify for a national referendum to stop oil drilling plans in a critical part of Ecuador's Yasuni National Park, Yasunidos, the civil society collective spearheading the grassroots effort is denouncing what appear to be egregious irregularities by the National Election Commission.