We are joining a campaign seeking to stop the financing of North American banks to PetroPerú

Together with the Achuar Nation of Peru, the Chapra Nation, the Wampís Nation, and Amazon Watch, the Amazon Sacred Headwaters Alliance unites forces in the GenZeroAction campaign

We are joining a campaign seeking to stop the financing of North American banks to PetroPerú

On December 5, the GenZeroAction.com platform, together with TIME.COM, launched a campaign to ask American citizens to demand that Citibank, Bank of America, JPMorgan Chase, Goldman Sachs, Deutsche Bank, and HSBC stop financing PetroPerú.

This action, led by Indigenous organizations and civil society such as (FENAP), the Wampís Nation, the Chapra Nation, Amazon Watch, and the Amazon Sacred Headaters Alliance, aims to collect signatures to call on banks to engage in dialogue with Indigenous leaders affected by their investments in the Peruvian Amazon.

American banks have stated that they do not directly finance exploration in oil lots. However, the funds and loans granted to the oil company in question contribute to the administrative management that leads extractive activities. According to the digital media CONVOCA.PE, in 2022 alone, there were 131 oil spills in the Peruvian Amazon and in the Peruvian sea. In addition, between 2011 and 2022, PetroPeru has caused 175 crude oil spills in the Amazon, ranking second in liabilities for that period.

This is why Indigenous leaders seek citizen support to meet with bank representatives to make them aware of the impact of PetroPerú’s activities on their territories. Let’s remember the spill that occurred in October 2022 at kilometer 177 of the North Peruvian pipeline in Chapra territory, which has not been properly remediated or repaired to date.

You can be part of the action by visiting the GenZeroAction.com and joining the tweet campaign to spread the petition and let American banks know about this call!

Amazon Sacred Headwaters Alliance