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Big Banks: Stop Funding Climate Disasters

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Mr. Nigel Beck, Standard Bank,
Chair of the Steering Committee of the Equator Principles Association (EPA)
CC: All Equator Principles Financial institutions (EPFIs):

We call on the Equator Principles Association to agree in Brazil to a full revision process for the Equator Principles, so that they reflect at minimum two solid commitments to stop financing climate disasters and to respect indigenous peoples’ rights and territories.
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Big Banks: Stop Funding Climate Disasters
An oil pipeline in Standing Rock, a mega dam in the Amazon, and a coal plant in Indonesia share something in common -- they are all backed with funding from mega-banks.

But in just 4 days, we have a chance to change the rules that let this happen!

91 of the world’s largest banks are about to meet in Brazil. Their lending principles are on the table -- they’ve already agreed not to fund projects that devastate the planet, but so far they keep doing it.     

ABN Amro and other European banks are leading the push for stronger rules -- but without pressure, many others are waffling. These banks have always been able to make decisions without public input. With our global reach, we can change this and deliver our petition straight to the negotiating table.    

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