[ [link removed] ]350.org

 

 



John -

We have an important update on the fight for Marsh, one of the world’s
biggest insurance brokers, to drop the East African Crude Oil Pipeline
(EACOP).

Earlier this week, a new report showed exactly how bad EACOP would be for
East Africa and the world – from numerous human rights abuses like
intimidating and harassing protesters in Uganda, to oil spills.^1

[ [link removed] ]Report: East Africa pipeline 'breaches banking principles'

[ [link removed] ]Can you help us put the pressure on by sending your own letter to
Marsh’s top executives — including their chief executive officer —
demanding they reject EACOP? Every message will be sent directly to their
inboxes.

[ [link removed] ]Send your letters »

John, EACOP is
a project with a lot of risks — and as a result, 20 banks, 8 insurers, and
4 export credit agencies have already denied support to the pipeline.
Without insurers willing to cover the risks of EACOP, the developers will
likely struggle to raise the funds they need from banks and investors.

But Marsh, the world’s biggest insurance broker, is still looking to find
insurers for this project. We need them to drop this project, like they
recently did with the Adani coal mine.^2

The pressure is building within Marsh as well. More than 100 employees of
Marsh McLennan, Marsh’s parent company, signed a letter urging the company
not to broker insurance for EACOP, saying the project would have
“disastrous consequences” for the climate. And in an internal leadership
event on sustainability late last month, staff at Marsh talked about the
activism around stopping EACOP.

But even with the rising internal and external demands, Marsh's CEO still
won’t rule out any fossil fuel projects. So we need to keep up the
pressure.

[ [link removed] ]Please send a letter directly to three top Marsh executives today and
your message will be delivered immediately.

[ [link removed] ]Send your letters »

In solidarity,

Team 350

[ [link removed] ]Stop EACOP logo

 

 

 

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1 - [ [link removed] ]AP News
2 - [ [link removed] ]Insurance Business Australia




 




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