“The company’s rosy and clear-cut description of its Warintza model is quickly falling apart in the eyes of investors and shareholders who have been fed inaccurate information for years. The share price plummeting to rock-bottom today is a testament to that.”
Peru
AIDESEP Declares Permanent State of Emergency Following the Murder of Kakataibo Leader
"The Kakataibo people will not allow any more assassinations or invasions. Our guards are mobilized and firm. We are forming new alliances with our Asháninka brothers to face the danger."
Kakataibo Indigenous Leaders Mobilize Against Coca Growers
"Kakataibo organizations have intensified their territorial control and protection operations. This included seizures of illegal timber, destruction of clandestine laboratories, burning of coca fields, control of roads, community patrols, and reconnaissance overflights."
Citi Shift on Amazon Oil Policy Will Still Allow Funding of Destruction
“This policy is a hollow promise that fails to state meaningful measures on how Citi will hold clients like Petroperú accountable for destructive Amazon oil expansion plans and contamination threatening Indigenous peoples today.”
2022-2023 Annual Report
For 26 years, Amazon Watch has worked in solidarity with Indigenous peoples to advance their territorial land rights in the Amazon Basin, defending this extraordinary biome from a range of threats.
Amazon Watch is building on more than 28 years of radical and effective solidarity with Indigenous peoples across the Amazon Basin.
Indigenous Women Denounce Violence and Call for Gender Justice in the Peruvian Amazon
Peruvian authorities initially tried to minimize revelations of violence and sexual abuse at Indigenous public schools, but activists and civil society are not letting them cover it up
In recent weeks, the Awajún and Wampís Women's Council made a shocking public denunciation of 524 cases of rape and abuse of children who attended public schools since 2010.
Investor Eye on the Amazon
Updates for shareholders and activists concerned about rainforest protection and human rights
The companies and banks behind Amazon destruction are feeling the heat as this year’s season of shareholder meetings comes to a close.
Ecuadorian Indigenous Organizations Deny "Agreement" Announced by Solaris Resources
AGM to occur amidst financial setbacks, decreasing share prices, and social conflicts resulting from flagship mining project in the Ecuadorian Amazon
“Solaris has entered our territories illegally and without consultation, co-opting former leaders, dividing communities and families, and provoking confrontations."
A Journey of Trust and Resolve: Supporting the Chapra’s Fight for Their Land
Chapra assembly unites to demand land titling and reparation for oil spills
Amazon Watch was honored to participate in the Third Shaniishinshi of the Chapra Nation. No other organization had ever attended an assembly like this one before.
A Message of Thanks from Indigenous Earth Defender Miguel Guimaraes!
"It’s a joy for me that so many people from around the world know about the situation we are facing in the Peruvian Amazon. Thank you so much for all the support!”
Solaris Resources Faces Major Setback As Deal With Zijin Mining Falls Through
Project controversies, regulatory delay, and investor skepticism doom CAD$130 million deal over Ecuadorian Amazon project
Canada’s Solaris Resources announced yesterday that a CAD$130 million investment deal with Chinese firm Zijin Mining was dead, abruptly ending a much touted infusion of capital needed to advance its flagship Warintza project.
Over 30% of JPMorgan Investors Support Resolution on Indigenous Rights
Over 30% investors at the biggest U.S. bank JPMorgan Chase have backed a resolution on Indigenous rights, which was presented by a Peruvian Amazon leader facing death threats over her opposition to oil drilling.
Wall Street Banks Fund the Destruction of Our Indigenous Land
Newsweek | As representatives of communities who pay the highest costs of this toxic business, Indigenous Peoples demand banks prohibit new financing of Petroperú, and prevent its clients from pursuing new oil expansion.
Oil Debt: Financing Amazon Destruction
A new documentary highlights the efforts of the Achuar, Wampís, and Chapra nations from the Peruvian Amazon against state-run oil company Petroperú and its financiers
The 2024 Banking on Climate Chaos report is the most comprehensive analysis of the financial institutions backing the fossil fuel industry and the policies of the world’s 60 largest banks enabling this financing.
Safeguarding the Right to Self-determination at UNPFII
At the UN Permanent Forum on Indigenous Issues, Amazon Watch amplified Indigenous voices of strong female leaders underscoring the urgency of safeguarding the right to self-determination on the path to COP30
Achieving Indigenous autonomies and territorial governance, where self-determination is exercised, requires dismantling the mandates imposed by colonial and extractivist states and transforming them based on indigenous worldviews of harmony and collectivity.
Delegation Travels from Peru to Confront U.S. Bank Executives Directly
The delegation made it crystal clear to bank executives and the international stage: “We will not permit new oil extraction. Ever.”
Investors Slam JPMorgan Chase for Canceling Meeting with Amazon Indigenous Leaders
The filers of a shareholder resolution at JPMorgan Chase on Indigenous rights have criticized the bank for canceling a scheduled meeting with Indigenous leaders from Peru’s Amazon region.
New Report Exposes Risks of Investing in Petroperú Amid Controversial Oil Expansion in Amazon Basin
Amazonian Indigenous and coastal leaders travel to New York to call on leading U.S. commercial banks to halt new financing for Petroperú
Today, Amazon Watch released a new report exposing the elevated risks of financially supporting state-run oil company Petroperú) amid its controversial plans to expedite new oil drilling in the Amazon.
Assessing Petroperú’s Financial, Legal, Environmental, and Social Risks
Petroperú has plunged into massive indebtedness to complete its Talara Refinery Modernization Project and is now financially obligated to maximize its oil production to sustain itself, despite growing Indigenous and community opposition.
Indigenous Women Embody Leadership, Resistance, and Resilience
We are honored to partner with inspiring Indigenous women leaders and draw attention to their visionary work.
Unity and Resilience: Pioneering Indigenous Self-Governance in the Peruvian Amazon
This movement isn’t just about reclaiming territory; it’s a profound statement of identity, culture, and the inextricable link between Indigenous rights and the health of our planet.
Strength in Unity: MarAmazonía Alliance Takes on Petroperú at Its Largest Refinery
A campaigner’s account of the groundbreaking MarAmazonía alliance meeting
“Welcome to the oil capital of Perú." It turns out that the city of Talara was where one of the first oil wells was drilled in all of South America, dating back to 1863. The toxic legacy of oil was evident.
Indigenous and Community Coalition Challenges Petroperú’s Financial Backing
Citi and JPMorgan Chase urged to protect Indigenous rights and Amazonian ecosystems
A burgeoning coalition of Peruvian Amazonian Indigenous peoples and fishing organizations are demanding to meet JPMorgan Chase & Co. and Citigroup to warn against any new financing for state-operated oil company Petroperú because of its history of oil contamination and flagrant disregard of Indigenous and human rights.
Following the Money Behind Amazon Oil Development
Santander and HSBC worked on Petroperú bond issuance despite its record of Amazon oil spills
Financial Times | Local opposition has hampered Petroperú’s plans to start producing crude from two large blocks in the Amazon. For many banks, support for Amazon oil development must look like much more trouble than it is worth.
Standing with Indigenous Earth Defenders in the Amazon
In the heart of the Peruvian Amazon, Olivia Bisa, the first female president of the Chapra Nation, stands as a beacon of courage and resilience.
Petroperú Is Desperate for Cash, But We’re Going to End Amazon Crude!
The company is now in talks with Citi and JPMorgan Chase, and Indigenous nations tell them again: no new financing for Petroperú!
Joining forces with our partners, Amazon Watch is gearing up to launch a series of campaign actions in 2024. Our mission: to ensure financiers, including commercial banks, investors, and insurers, fully grasp the perils of financially supporting Petroperú.
Solidarity, Advocacy, and Resistance in the Amazon and Beyond
This solidarity grantmaking is built upon a multi-decade track record as a trusted partner among Indigenous nations and local organizations and guided by the principles and cosmology of Indigenous peoples.
Investors Must Respect Indigenous Rights to Protect the Amazon
Respecting Indigenous Rights: An Actionable Toolkit for Institutional Investors provides investors with a starting point to educate themselves and others about Indigenous rights, as well as practical tools to develop policies, case studies, and data sources to identify and address Indigenous rights abuses.
Achievements in 2023 Could Signify the Turning Point for the Amazon in 2024
As 2023 closes, it’s time to look back over the many inspiring achievements of the year. Hope and progress for the future of the Amazon and climate have been restored.
