Hi John,
French oil giant TotalEnergies is kicking communities in Uganda and Tanzania off their land to make way for an oil pipeline they never asked for: the East African Crude Oil Pipeline (EACOP).
This isn’t the first time we’ve asked for solidarity in this fight, and it probably won’t be the last. But today we’re asking you to stand with us again.
Community organizers resisting the pipeline have called on our movement to stand with them. They recently led the global Kick Polluters Out week of action in a coordinated push to make banks and investors walk away from this pipe dream for good.1
Will you sign their petition to demand that these banks stop funding EACOP, John?
By showing international resistance to this pipeline, we show potential investors that their actions have consequences far beyond East Africa.
For years, communities in East Africa, and the international StopEACOP coalition, have resisted this pipeline. Thanks to their work, over 70 banks and insurers have already refused to fund EACOP.2
But BlackRock, Vanguard, Amundi, Norges Bank Investment Management and other investors are still in, in spite of the damning facts.
Twenty-nine African currencies have weakened due to fossil fuel dependency.3 In Kenya, oil price shocks triggered violent protests.4 In Tanzania, austerity measures followed.5 Fossil fuels do not bring prosperity; they only deepen the crisis.
Will you sign the petition and demand that these banks stop funding EACOP?
We've already built something powerful. At the end of May, communities and campaigners took action against EACOP in Tanzania, Uganda, France, South Africa and the UK. The StopEACOP Coalition spans the globe and tens of countries. We've pushed major banks out. We’ve delayed this pipeline for years already.
Add your name. Tell the banks: stop funding the pipe dream.
In solidarity,
Abiud for the StopEACOP Coalition & Ellie from 350.org
Sources
1. Frontline communities and civil society unite across the globe to demand polluters exit their countries – #StopEACOP
2. The StopEACOP Coalition Welcomes Landmark Climate Trial Against TotalEnergies in France
3. Oil above $100 is squeezing Africa’s economies, with 29 currencies weakening despite a short ceasefire
4. Four killed in protests over Kenya fuel price hikes as strike strands commuters | Reuters
5. Tanzania to Take Austerity Measures as Fuel Prices Rise