Banks found complicit in rainforest destruction

Since 2009, 19 banks — despite having policies on advancing human rights, sustainability, and climate change — have financed US$10 billion for approximately 155 million barrels of dirty crude destined for refineries in the United States.

But they aren’t only trade financing the destruction of the Amazon, they are bankrolling the destruction of our climate.

“I was raised on the banks of the Coca River. Until now, we have fed on the fish and wildlife that inhabit the water. Today they are contaminated. We have given most of our wealth to Ecuador, and we cannot continue to live with this contamination. The Kichwa of Orellana don’t want just reparations, we also want a remediation of the Coca and Napo rivers.” — Carlos Jipa, President of the Indigenous Federation of United Communities of the Ecuadorian Amazon

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