[Occupymendocino] Standing Rock vs Wells Fargo potion

Tue Oct 17 16:54:30 PDT 2017

Big banks signed the Equator Principles promising to lower their climate impacts. But they’re still financing dirty tar sands oil pipelines and coal-fired power plants that would devastate the climate. 

Tell big banks: Stop financing climate destruction >> <http://click.actionnetwork.org/mpss/c/HwE/ni0YAA/t.2bn/r5cf0m0JQJ2sX5OIvNFDjA/h0/5VsrcCLxr-2FW1Wxb0-2BJX-2BNjHcApn2YznfSJL7X2c9vEpNyVEVkNZQDA4B3rUFLXxVakm-2Bd5-2BDCN0Xp-2BY3fxVbyNMx6HjdFGGtDCipNtIW2ZQz-2BDGPw28sfzqfSTAKLWfW3oa1SuccBXzCvt5E190JG-2BoELaySq6F-2FvhprQNOep9VHmy61g7SIW05-2BPuBvmDn-2B4H6K01kH6ApsTVi9tX0iBEUNtOOky6zN129qgu6gFgcZuMZR1pEPr7h-2Fp8T8ToJjp-2Bb2N8eBYftWpWkZCvvq9yUtuqNIgafdUnCtuou3gvZDOQV3S3av-2F9yEHYDjhjdB-2B-2B7IMD01KJidNJiGtLB9BYFRR-2ByHMEPR-2B1sAhOUuuwm-2BGX-2BAeAXbpKVgAJBReC2QZhtmzD9gbLMBruhu-2BB9K3hBoUG19pi5Repz7ojGvc84-3D>
Dear ______

Next week, more than 90 of the world's largest banks will meet in Brazil to recommit to the Equator Principles, a set of rules guiding which big infrastructure projects they will and won't finance.

"Equator banks" have promised to avoid or minimize the social, environmental, and climate impacts of such projects, and to respect the rights and interests of Indigenous communities affected by them. 

But those same banks are still funding dirty tar sands oil pipelines and climate-wrecking coal-fired power plants across the globe – even over strong opposition from Indigenous populations.

Sign the petition: Big banks must stop funding climate devastation and start respecting Indigenous peoples’ rights. <http://click.actionnetwork.org/mpss/c/HwE/ni0YAA/t.2bn/r5cf0m0JQJ2sX5OIvNFDjA/h1/5VsrcCLxr-2FW1Wxb0-2BJX-2BNjHcApn2YznfSJL7X2c9vEpNyVEVkNZQDA4B3rUFLXxVakm-2Bd5-2BDCN0Xp-2BY3fxVbyNMx6HjdFGGtDCipNtIW2ZQz-2BDGPw28sfzqfSTAKLWfW3oa1SuccBXzCvt5E190JG-2BoELaySq6F-2FvhprQNOep9VHmy61g7SIW05-2BPuBvmDn-2BR4gm3P4unju91b0hwDo2MDvfc5ld8zJty4AJBCTCntNCkj0hFGqvl0TBngVyaec4nJaOeuQLLgQDiWg4-2FmrTuo7M0KI6BNnOUyMjqhhOwY4pS5kz4XbE14qbWQtv-2Bjamz0iNxzRWktZwGJYkrQue-2FeF9yzb-2B5Bnu7Rh1wxoSqcCy18lHxbXNtMyYGTsVAnyif4QBdysRjUw6UC1o7tmwadb2wQEP0X-2FOM9m-2BJEzfun4-3D>
You might not know it, but big pipelines and other fossil fuel projects are funded almost entirely by big banks like Wells Fargo, JPMorgan Chase, and Bank of America. Banks you might even use for your own checking accounts or credit cards. 

They’d rather you didn’t know that they’re financing climate disaster projects like Keystone XL and the Dakota Access Pipeline. That’s why, years ago, many of them signed onto the Equator Principles, a promise between the biggest banks to NOT finance projects that threaten the climate and local communities. 

It sounds good, but they haven’t lived up to their promise. To give just a few examples:

The Dakota Access Pipeline was financed by banks signed on to the Equator Principles even though it was built to pump dirty tar sands oil, and was fiercely opposed by the Standing Rock Sioux and Cheyenne River Lakota Tribes for threatening their water sources.1
The Honduran Agua Zarca hydro project, where Indigenous leader Berta Cáceres was murdered for leading Indigenous resistance to the project, also passed the ‘Equator test’ of FMO bank as a project supposedly respecting the rights of the Lenca communities.2
We need a change. Sign here to tell the banks to stop funding climate devastation and start respecting Indigenous rights. <http://click.actionnetwork.org/mpss/c/HwE/ni0YAA/t.2bn/r5cf0m0JQJ2sX5OIvNFDjA/h2/5VsrcCLxr-2FW1Wxb0-2BJX-2BNjHcApn2YznfSJL7X2c9vEpNyVEVkNZQDA4B3rUFLXxVakm-2Bd5-2BDCN0Xp-2BY3fxVbyNMx6HjdFGGtDCipNtIW2ZQz-2BDGPw28sfzqfSTAKLWfW3oa1SuccBXzCvt5E190JG-2BoELaySq6F-2FvhprQNOep9VHmy61g7SIW05-2BPuBvmDn-2BxWH9AXWS3JT9P1X38ShFDTLF1BAxDpf0FytTDbeTFkX1Ko6XmmIoXFBHyQ0Kq1FcVtpKVNSMjfPlj3JT0RTO5mPco3fTab0ZwCyCblYfTrauY9EzxcUws53ponvBfZOwv9tKrF8YePnRK2jyDMdVgGyf2rto2kOoxZvxIaNBoM-2BoZTKzt1rglRckBchRiih2wyvCR8odwV3MREm-2BCI4N2utV0whkI9k9vFNNlt-2BFLVQ-3D>
The October 24 meeting in São Paulo, Brazil is a clear opportunity for Equator banks to revisit their Principles and commit to a higher standard of practice. Advocates will be on the ground in Brazil, and local activists around the world are planning related actions to increase the pressure.

As part of a coalition of human rights, environmental and Indigenous-led organizations, we're demanding that Equator banks stop financing climate disasters and start respecting Indigenous peoples' rights and land. But we need you to join us.

Sign now: Show these banks that their customers see what they’re up to and demand they commit to higher standards of climate protection and respecting local communities. <http://click.actionnetwork.org/mpss/c/HwE/ni0YAA/t.2bn/r5cf0m0JQJ2sX5OIvNFDjA/h3/5VsrcCLxr-2FW1Wxb0-2BJX-2BNjHcApn2YznfSJL7X2c9vEpNyVEVkNZQDA4B3rUFLXxVakm-2Bd5-2BDCN0Xp-2BY3fxVbyNMx6HjdFGGtDCipNtIW2ZQz-2BDGPw28sfzqfSTAKLWfW3oa1SuccBXzCvt5E190JG-2BoELaySq6F-2FvhprQNOep9VHmy61g7SIW05-2BPuBvmDn-2BxmFcVewlIwOdV3HqEFffv67Aqc7nLKV82rNSpcER21QIz3L71mqbejXoVNC1O-2FQ2ffSPyWZTGfe1Q9Oi2WtfJ9mjU4NonLncoTay9oCDeB6DkFtKoUERjUW-2B-2BFTY69fqgbCrNFI9FgF7YqctkX6PrRXp54bEoOyVviR-2BFg8mksuBdHSQ1tuYi1-2BAUu3LCEFN0rX4iNWecumVEppaZK3dqFoAlloCJmBE3HG6CXmZ-2Bog-3D>
Sincerely,

Kurt Walters
Watchdog.net <http://watchdog.net/>

DONATE <http://click.actionnetwork.org/mpss/c/HwE/ni0YAA/t.2bn/r5cf0m0JQJ2sX5OIvNFDjA/h4/aHO21LnX1DH2iKGsTPn3bSMm6il-2BDLmn8RZdtoMQC399ogKS6uhl7gBgxSKEWuetu5t1ENOXtygejY7ygpqUbuRgO95DntGBW-2BDsxuvMwV78ae6-2B7ACb-2FN5uJngaL5Om6lQRTcySrTkmaeym4P4KsYGwylvR5lB5xIDOgR1QNfy0ON-2BuI2GyXKyk8hE2678l2iIQRfQGYbJWWNlnlu5Dd-2BVjBOafw2Ybc-2Bw5TkhsHKFVxxKib5cVzxGNnEC9Y1CShy5-2Ffe7xcVD-2FRMYanIHKGTQkwUCMmw5jWSJKRdZU3wDsKkDYG64B1evywHAcPCUJ7QqtSdnUs8TIzBvife0OFQ-3D-3D>

Sources:
1. BankTrack, “Dodgy Deals,” Accessed Oct. 16, 2017. <http://click.actionnetwork.org/mpss/c/HwE/ni0YAA/t.2bn/r5cf0m0JQJ2sX5OIvNFDjA/h5/XnLYlyEyt7nwhUXArNy3687s4ZfLghxj946aFGAw9rgYhoyDvYKgGN06fyBayWe5L-2B6am7kkWQAwhEUI1CEU3g-3D-3D>
2. Ibid.

Sent via ActionNetwork.org <http://click.actionnetwork.org/mpss/c/HwE/ni0YAA/t.2bn/r5cf0m0JQJ2sX5OIvNFDjA/h6/55uI0ZjpoLA9-2FYhqE-2F4Eitwb7nFGaBM-2BttuyqSTdMS4-3D>. To update your email address, change your name or address, or to stop receiving emails from Watchdog.net <http://watchdog.net/>, please click here <http://click.actionnetwork.org/mpss/c/HwE/ni0YAA/t.2bn/r5cf0m0JQJ2sX5OIvNFDjA/h7/WQ-2BlIwq7W2eCmkkcwbDiBfTpRTONPBIO8v6WfDIYEh-2BwSNXDjNkBmgjJHQLaKgmmb8xAq539eDy35az0425wNXRHCU5-2FUfrRjkYekCSf5M1TtSfoYIzldPRHUB-2FV1Rt173MJvRJaJGLHRP48a7CdNuUFoGtMrcw9dvA99ok4gmcSK-2B92jDmgcakLnQG7glkSNBWVIiGAQw0OTEegQ3jbQQ-3D-3D>.

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