“Last year, Indigenous leaders from the Peruvian Amazon met face-to-face with Citi’s leadership, and yet Citi has failed to address their demands to stop financing Petroperú and extractive projects that destroy their homes.”
Citigroup
Amazonian Leaders Expose U.S. Financiers Behind Amazon Destruction at NYC Climate Week
Indigenous Amazonian delegates from across the Amazon to speak out
Indigenous leaders from the Peruvian and Brazilian Amazon invite you to a press conference during Climate Week NYC 2022. In the context of Climate Week’s theme, Getting It Done, the delegates will discuss ways they are "getting done" protection of the Amazon rainforest.
Davos: Indigenous Leaders Call on Banks to Stop Funding Amazon Oil Expansion
Scientists and international organizations also calling for banks to follow lead of BNP Paribas and align with the Exit Amazon Oil and Gas platform
On the heels of World Biodiversity Day and in connection to an upcoming panel on the Amazon at Davos, tipping point scientists, Indigenous leaders, and international organizations are calling on banks and financial institutions that have gathered for the World Economic Forum in Davos to end financing for oil expansion in the Amazon.
Canadian Banks Injected $5.8 Billion into Mining Companies Tied to Forest Destruction and Human Rights Violations
Forests & Finance Coalition, Walhi, and MAM launched a preliminary dataset revealing the financial flows to several forest-risk mining companies that operate in the world’s three largest tropical forest basins. Banks from Canada, the United States, and Japan are among the largest financiers of mining companies in the tropics
Brazil’s President Bolsonaro is using a possible fertilizer shortage caused by Russia’s war on Ukraine to justify his attempt to ram contentious legislation through Congress.
Petroperú’s Ongoing Threat to the Amazon
Intense market and supply chain conditions – due in part to Russia’s invasion of Ukraine – have led to increasing inflation around the world, and Peru has been no exception. Today, the controversial Talara oil refinery will be inaugurated and touted by the government as a solution to the current energy crisis. It is not.
