"For too long, the oil industry has wreaked havoc on our peoples, violated our rights, felled our forests, taken our territories, and created climate chaos, which is leading to the collapse of the Amazon."

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We are only a few weeks into 2021 and today we've announced the inspiring news that several major European banks responsible for financing billions in Amazon oil trade have committed to immediate exclusion measures on the trading of oil from the Amazon Sacred Headwaters of Ecuador!

These commitments come in response to a report by Amazon Watch and Stand.earth that exposed their oil financing from the Amazon Sacred Headwaters region to the U.S.

This is the first time global commercial banks have adopted policies that exclude finance for extractive activities in the Amazon rainforest. It's both an encouraging sign of things to come and a great motivator to ramp up the pressure – now!

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By making an investment in the work of Amazon Watch, you are part of the solution to climate change, rainforest deforestation, unchecked oil development, and the negation of the rights of indigenous peoples.

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