Most of Europe’s largest 50 banks have rejected EACOP oil pipeline

Key Points: Last September, Uganda’s minister for hydrocarbons claimed that at least seven European banks have committed, in private, to finance TotalEnergies’ East African Crude Oil Pipeline project (EACOP) despite the extreme risk it poses to people and the environment. However, new engagement and policy analysis from BankTrack covering the 50 largest European banks shows […]
StanChart Says ‘No’ to Financing $5 Billion Ugandan Oil Pipeline
Activists warn they’ll target banks and investors involved in supporting the controversial project.
The East African Crude Oil Pipeline: New risk developments (April 2023)
An Oil Rush Threatens Natural Splendors Across East Africa
Activists Call on AIG to Disavow Insurance Coverage of East African Crude Oil Pipeline

Outside of American International Group Inc.’s (AIG) headquarters, activists from Public Citizen, Climate Families NYC, Sunrise Movement NYC, and other groups called on the insurance giant to publicly commit not to provide coverage for the East African Crude Oil Pipeline (EACOP). As part of the action, the groups delivered over 50,000 petitions collected by Ekō, […]