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Time to save the Great Barrier Reef

To State Bank of India Chairperson, Arundhati Bhattacharya, and the SBI Board:

As citizens across the world concerned about climate change and the Great Barrier Reef, we call on you to turn down finance for Adani's controversial Carmichael mine and related infrastructure. A large number of private banks have walked away from this destructive and costly project. In line with your commitment to crack down on bad loans, we urge you to reject this proposal and instead invest in clean power supplies.

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Time to save the Great Barrier Reef
India’s coal king is bidding for a $1 billion bank loan to turn one of the world's most precious ecological treasures into a major shipping lane for a monstrous coal complex. But if we act fast we can block this billion and keep the Great Barrier Reef alive.

UNESCO declared the Reef “at risk” from the project, and leading international banks have said no way. Now it's up to the State Bank of India to make or break this dirty deal. The Bank’s Chairwoman has staked her reputation on cracking down on “bad loans -- and a massive global public campaign exposing the craziness of this dirty coal project can persuade her to scrutinise and stop this lethal billion dollar loan.

Let’s act now to keep the Reef home for whales and dolphins, not hulking coal ships. The entire project hangs in the balance and public pressure has changed other banks’ minds! Add your name now to say no to the world’s worst loan -- when we hit a million, we’ll launch an ad and media blitz calling on Chairwoman Bhattacharya to keep the reef and our climate safe from this coal catastrophe.

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