John -
There's still time to stop the world's longest heated crude oil pipeline. Total Energy's East African Crude Oil Pipeline (EACOP) would cause devastating damage to the communities in Uganda and Tanzania where the project is slated.
Here's the good news: You need more than oil and construction materials to build a pipeline. You also need financing from banks and insurance to operate it.
And we're on the verge of getting the final banks and insurers OUT of the pipeline, so it can be canceled for good! But we need a little more help to get these campaigns over the line.
Campaigners around the globe are organizing right now to pull out the financial and insurance backing for this pipeline that would cut through East Africa.
We've already helped convince big banks like JPMorgan, CitiGroup, Wells Fargo, and Deutsche Bank to stay away from the pipeline. There are only TWO more banks willing to finance the dirty project: Japan's SMBC, and Africa's Standard Bank.
350 Japan has been organizing a petition campaign with thousands of signers to get SMBC to pull out, and in just a few weeks, they'll be staging an event to deliver the petition to the bank itself. The bigger we can make this event, the bigger the message we'll send together about why this pipeline needs to be canceled.
And climate-wrecking pipelines can't operate without insurance. Eighteen insurers have already said no to the pipeline, but there are still a few holdouts. That's why we have digital campaigners poised to act during the insurance industry's huge conference happening in Germany this month, so that insurance professionals around the world know they shouldn't back this pipeline.
It's not easy to stop a crude oil pipeline — but we know exactly how to do it. That's why 350 campaigners across the globe are focused on pulling out the financial support from EACOP, and why your contribution today will make a huge difference in our work.
Thanks for all you do.
In solidarity,
- Team 350