|
Due to the team effort of a dedicated staff, donors
and funders like yourself, and many concerned citizens, Amazon Watch presents
you some recent victories:
- Financing for destructive Camisea gas project in Peru voted down by
US Ex-Im Bank
August 28, 2003 -- Under mounting pressure from environmental and indigenous
rights groups and members of Congress, today the board of directors of the
Export-Import Bank of the United States (Ex-Im) voted to reject financing
for the controversial $1.6 billion Camisea Gas Project in the Peruvian Amazon.
The Ex-Im loan would have provided $213 million for the venture led by Hunt
Oil and PlusPetrol. Ray Hunt, Chairman of Hunt Oil, is a Bush Pioneer Fundraiser
who raised $100,000 for the 2000 Presidential elections. [more]
- Occidental Petroleum withdraws from U'wa land
In May 2002, US based-Occidental announced its withdrawal from the Siriri block on the U'wa sacred lands in Colombia. Amazon Watch played a leading role in the global campaign targeting the company since its inception in 1996. The U'wa people greeted this victory with a communiqué thanking supporters around the globe. The Colombian government continues to look for other investors to take over the oil concession. Amazon Watch remains vigilant in support of the U'wa people's work to protect their land and communities. [more]
- OPIC loan for Bolivia-Cuiabá Pipeline cancelled
After 30 months of pressure by Amazon Watch and our partner groups, the US government-backed Overseas Private Investment Corporation (OPIC) cancelled its $200 million loan to Enron for the Bolivia-Cuiaba pipeline due to the company's failure to meet the agency's environmental loan conditions. Through close communications with allies on the ground and site visits, Amazon Watch provided detailed information about Enron's non-compliance with these loan conditions that was pivotal in OPIC's decision. The Washington Post ran a hard-hitting exposé on the pipeline, which ran on the front page on May 6, 2002. [more].
|
