Page 23 - Amazon Watch News Today

Article content LONDON — French bank Natixis said it plans to stop financing the trading of Ecuadorian crude oil by 2022, after pressure from campaigners over the trade’s links to environmental damage in the Amazon. The role of European banks in backing the trade came under scrutiny in August, when a report by advocacy groups Stand.earth and Amazon Watch named six European banks as major financiers of Ecuadorean oil exports to U.S. refineries. We apologize, but this video has failed to load...

EnergyEXCLUSIVE Natixis to stop financing trade in Ecuadorian crude oil Simon Jessop 4 minutes read French bank Natixis said it plans to stop financing the trading of Ecuadorian crude oil by 2022, after pressure from campaigners over the trades links to environmental damage in the Amazon. The role of European banks in backing the trade came under scrutiny in August, when a report by advocacy groups Stand.earth and Amazon Watch named six European banks as major financiers of Ecuadorean oil expor...

3 Min Read LONDON (Reuters) - French bank Natixis said it plans to stop financing the trading of Ecuadorian crude oil by 2022, after pressure from campaigners over the trade’s links to environmental damage in the Amazon. FILE PHOTO: Oil field technicians work with a drill at a rig of Ecuadors state oil company Petroamazonas, in Tiputini, Ecuador October 19, 2017. Picture taken October 19, 2017. REUTERS/Daniel Tapia/File Photo The role of European banks in backing the trade came under scrutiny...

260 Faith, Labor and Development Groups Press IMF, G20 and White House on COVID Response 260 Faith, Labor and Development Groups Press IMF, G20 and White House on COVID Response April 07, 2021 Ahead of Spring IMF and World Bank Meetings, Worlds Largest Unions, Human Rights Groups, Environmental and Religious Institutions Call for Aid, Debt Relief, Access to Emergency Reserves and Climate Protections  Washington DC – As G20, IMF and World Bank Spring Meetings convene virtually on global COVI...

Last modified on Tue 6 Apr 2021 07.51 EDT “We’re looking for you, dead or alive,” is one of the daily threats that Herlín Odicio receives on his mobile phone. The leader of the indigenous Cacataibo people in Peru’s central Amazon has been forced into hiding for standing up to drug traffickers trying to steal his land. “We’ve reported coca plantations on our land so many times and nothing has been done,” Odicio said. He said the threats against his life spiralled after he turned d...

Aruká Juma, the last surviving man of Amazons Juma tribe, has died from COVID-19, which was brought by invading loggers. Juma, aged between 86 and 90, was the last fluent speaker of the tribes language, making his death eradicate the Juma tribes many traditions and rituals that have been practiced for years. Juma tribe was once numbered 15,000, but the number dwindled because of recurring massacres and the Amazon variant of coronavirus. "We were many before the rubber tappers and the prospecto...

This is viewer supported news. Please do your part today.Donate Decades of reckless oil drilling by Chevron have destroyed 1,700 square miles of land in the Ecuadorian Amazon, but the company has refused to pay for the damage or clean up the land despite losing a lawsuit 10 years ago, when Ecuador’s Supreme Court ordered the oil giant to pay $18 billion on behalf of 30,000 Amazonian Indigenous people. Instead of cleaning up the damage, Chevron has spent the past decade waging an unprecedented...

Are Swiss banks really chopping environmental devastation from trade financing? Construction of an oil pipeline through an area of cloud forest: The Oleoducto Crudo Pesado pipeline, completed in October 2003, transports between 390,000 and 450,000 barrels of crude oil per day from the from the Ecuadorian Amazonian to Esmeraldas on the coast. Dr Morley Read As awareness of the Amazon rainforest’s role in balancing the global climate builds, banks financing Switzerland’s important commodity t...

March 15, 2021 Decades of reckless oil drilling by Chevron have destroyed 1,700 square miles of land in the Ecuadorian Amazon, but the company has refused to pay for the damage or clean up the land despite losing a lawsuit ten years ago, when Ecuadors Supreme Court ordered the oil giant to pay $18 billion on behalf of 30,000 Amazonian Indigenous people. Instead of cleaning up the damage, Chevron has spent the past decade waging an unprecedented legal battle to avoid paying for the environmental...

March 9, 2021 Leila Salazar-López and Angela Martínez "The forest is our mother. The forest is our life and our strength. Women protect the healthy soil and fresh air to protect our children and all life. Now is the time to hear the voices of women to protect the Amazon." Cristina Gualinga, Kichwa grandmother from Sarayaku Across the Amazon Basin, Indigenous women are uniting and organizing in defense of life, rights, and territories while confronting increasing threats. Amazonian women defen...