Call on banks to stop fueling Amazon destruction

160 banks involved in $20 billion USD in Amazon oil and gas in financing over the past 15 years.

Our new banking database, Capitalizing on Collapse shows that eight banks JPMorgan Chase, Citibank, Itaú Unibanco, HSBC, Banco Santander, Bank of America, Banco Bradesco, and Goldman Sachs provided over $11 billion USD (of the $20B) in financing to Amazon oil and gas activities from 2009–2023.

Amazonia is the last place oil and gas extraction should be happening. Forest destruction caused by industrial activities has already forced the Amazonian biome to a tipping point. Indigenous Peoples of Amazonia have put out an urgent call to protect 80% of the region by 2025 to save this key biodiversity hub – which means banks must stop any and all financing of Amazon oil and gas.

We got the numbers, we got the data, now we need a groundswell of pressure on banks to exit Amazon oil and gas. Will you add your name and urge banks to stop capitalizing on the collapse of Amazonia?

Check out the full database and report at exitamazonoilandgas.org

To: JPMorgan Chase, Citibank, Itaú Unibanco, HSBC, Banco Santander, Bank of America, Banco Bradesco, and Goldman Sachs Click to see full petition text

I'm signing on to this petition in solidarity with Indigenous Peoples of Amazonia and their call to protect Amazonia urgently and stop all Amazon oil and gas expansion in the region. This vital region is key for a climate-safe future, keeping in line with the 1.5C goal, and for the greater planetery health. I urge the banks who are financing Amazon oil and gas projects to exit Amazon oil and gas.

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