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Will President-elect Biden Protect the Amazon and Stop the Money Pipeline?

A Biden-Harris administration could play a key role in holding financiers accountable for climate destruction

President-elect Joe Biden managed to turn out a significant progressive base to secure the 2020 presidential election. For many voters, his commitments to address environmental and racial justice after several years of actions, protests and calls from activists led to grassroots mobilizations that delivered the presidency and a few flipped states to the democratic party. With this mandate, a Biden-Harris administration should take bold steps to address the causes of climate change and its impacts on frontline communities both here in the U.S. and in places like the Amazon, where U.S. companies operate and provide financing.

U.S. Firms Continue to Fund Network of Destruction in the Amazon

Financial giants BlackRock, JPMorgan Chase, Vanguard, among those that invested more than US $18 billion in nine companies tied to conflicts on Indigenous lands

As the Amazon rainforest smolders from another disastrous burning season and its Indigenous communities face spiking violence and land invasions incited by a racist president, we must stand in solidarity with Brazil's grassroots resistance. Amazon Watch's and APIB's innovative reporting does just this by helping the country's National Indigenous Movement to shine a spotlight on the pivotal role of global finance in shaping the future of Brazil's human rights and environmental landscape.

Complicity in Destruction III

How Global Corporations Enable Violations of Indigenous Peoples' Rights in The Brazilian Amazon

This new report, published by the Association of Brazil’s Indigenous Peoples in partnership with Amazon Watch, reveals how a network of leading international financial institutions is linked to conflicts on Indigenous lands, illegal deforestation, land grabbing, the weakening of environmental protections, and the production and export of conflict commodities.

Amazon Fires Mapping: Exposing the Destruction with Data

Bolsonaro and his henchmen would have us believe that "the Amazon doesn't catch fire," "the Amazon isn't burning," or even that "Africa is burning much more than Brazil." Yet these flimsy arguments cannot withstand the accurate documentation of how this year's heartbreaking burning season has laid waste to Brazilian ecosystems while incinerating the country's once-touted environmental credentials along with the credibility of its so-called leaders.

Is BlackRock the New Vampire Squid?

The investment giant casts itself as socially responsible while contributing to the climate catastrophe, evading regulatory scrutiny, and angling to influence a Biden administration

Luiz Eloy, a member of the Terena people and a lawyer with the Association of Indigenous Peoples of Brazil, said in an email that BlackRock has "changed absolutely nothing to alter its investment strategy, which pours money into the very companies that brutalize us and take down forests on an industrial scale. Talk means nothing to us, not after so many of us have died and lost our homes."

"No One Is Free Until We Are All Free"

The Movement for Black Lives and the Climate Justice Movement Are Inextricably Linked

The United States is in the midst of what some are now calling a "new civil rights movement." During such a groundbreaking historical moment, it is of paramount importance that the environmental and climate movements understand the connection between our work to stop climate chaos and the movement to end systemic racism. This intersectional analysis guides us in our mission and programs at Amazon Watch.

Report Names the Banks Financing Destructive Oil Projects in the Amazon

Funding these projects runs counter to these companies' own statements of support for climate actions, including the Paris climate agreement, activists say

Five of the biggest financial institutions in the world invested a combined $6 billion in oil extraction projects in the western Amazon between 2017 and 2019. According to Moira Birss of Amazon Watch, only pressure from civil society can stop the extraction of these natural resources without guaranteeing the conservation of the environment and the rights of Indigenous people.

Investor Eye on the Amazon

A primer for shareholders concerned about rainforest protection and human rights

The Investor Eye on the Amazon newsletter serves as a resource for socially-responsible investors, industry analysts, and researchers looking to better understand the risks associated with financing climate-damaging industries in the Amazon, and what they can do to protect the region.