More than 70 International Faith Leaders urge Adani: Abandon mega coal mine in Queensland, Australia

More than 70 international faith leaders urge Adani to abandon his mega coal mine in Queensland, Australia 

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Date: 17 October, 2019

More than 70 religious leaders from fifteen countries have signed an open letter, calling on Adani Group chairman, Gautam Adani, to step away from the Carmichael Coal Project which threatens to destroy the lands of the Wangan and Jagalingou people, kill more of the Great Barrier Reef and further destabilise the climate.

Buddhist, Jain, Sikh, Christian, Muslim and Jewish signatories, including many high-ranking leaders, have urged the billionaire industrialist to build Adani into a force for good that provides affordable, and clean energy to people, and doesn’t increase their risk of being harmed by climate disasters.

Credit Suisse makes step toward Indigenous rights after mediation by Society for Threatened Peoples

Credit Suisse makes a step toward  indigenous rights

In response to the effort made by Credit Suisse, Dineh (Navajo) attorney Michelle Cook said more is needed. Referring to the Dakota Access Pipeline and the Standing Rock Water Protectors who stood against it, Cook said:

'Considering that Credit Suisse provided corporate finance, not project finance to DAPL, this provision will do little to prevent another scandal and indigenous human rights abuses from occurring. As expected they are only including this Free, Prior, and Informed Consent provision toward project finance and not towards all investments maintaining their legal fictions that human rights only apply to projects, not to their business partners and all investments. We are still demanding a remedy, and still demanding a total exclusion and banishment of companies like ETP and Enbridge from their investment portfolios for indigenous human rights violations. We are not finished with you yet Credit Suisse, you can bet on that!'

Thankful for all the hard work by indigenous divestment advocates, thankful to all the lawyers who collected the human rights violations at the encampments, and for the IPLP program who continues to submit these abuses to international human rights bodies to seek justice for victims of extractive industries and the criminalization of our movements!
#divest #divestinvestprotect #NODAPL #StopLine3 #indigenousrights #accountablility

By Society for Threatened Peoples

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Today, the Society for Threatened Peoples (STP) and the Swiss bank Credit Suisse concluded a mediation process, facilitated by the Swiss National Contact Point (NCP), in the context of the OECD Guidelines for Multinational Enterprises. Credit Suisse has resolved to incorporate the protection of indigenous communities’ rights into its internal guidelines on project financing.

The STP welcomes this important step as a clear signal for the entire financial sector. However, it expects CS, as well as the other financial institutions, to extend this policy to all domains, such as company financing and stock broking. In addition, decisive action is expected in the event of breaches.