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U.S. Senators Send Letters to BlackRock and JPMorgan Chase on Amazon Crude

Letters from Senators Whitehouse and Schatz request financial institutions address the climate and social risk of financing oil companies operating in the Amazon and other high-impact areas

"As the Senators' letter reminds us, climate change also poses a significant financial risk to the economy, especially for the fossil fuel industry and its financial backers. Investing in companies with particularly controversial operations, like those located on indigenous territories in the Amazon rainforest, poses an outsized risk because of...

Amazonian Indigenous Women Take Demands for End to Oil and Mining Directly to Ecuador’s President

In a Meeting with President Moreno, the Women Called for an Amazon Free of Natural Resource Extraction and an End to Threats Against Them and Other Earth Defenders

Quito, Ecuador – After presenting to Ecuador's President Moreno their demands to end natural resource extraction in their Amazon rainforest territories in a meeting in the presidential palace late Thursday, a delegation of Amazonian indigenous women announced they will give him fifteen days to provide concrete responses. The women also...

Ending Amazon Crude Key to Fossil-Free Movement, Say Leading Environmental and Human Rights Groups

BlackRock, JP Morgan Chase and Amazon.com Challenged to End Their Support of Oil Drilling in the Amazon for the Good of Indigenous Rights and the Climate

Over fifty environmental and human rights organizations have signed on to an open letter in support of Amazon Watch's campaign to End Amazon Crude, recognizing it as a crucial component of the global movement to keep fossil fuels in the ground and protect the climate and indigenous rights.

JPMorgan, BlackRock Tout Climate Bona Fides While Funding Amazon Oil Drilling

"Like so many big businesses, JPMorgan Chase and BlackRock greenwash their activities rather than apply their resources to real solutions," Leila Salazar-López, executive director of Amazon Watch, told HuffPost in a statement. "Our report exposes their complicity in Amazon destruction, and we know savvy investors will respond...

Amazon Watch is building on more than 28 years of radical and effective solidarity with Indigenous peoples across the Amazon Basin.

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JPMorgan and BlackRock Invest in Amazon Destruction

Oakland, CA – Global financial institutions like JPMorgan Chase and BlackRock put the climate, indigenous peoples, and their customers at risk with their continued financing of companies that drill for oil in the Amazon rainforest, demonstrates a report, Investing in Amazon Destruction, released today by Amazon Watch.

Investing in Amazon Destruction

Despite the urgent imperative to keep at least two thirds of all fossil fuels in the ground in order to avoid catastrophic climate change, governments and companies continue to recklessly expand fossil fuel exploration and drilling across the globe.