John,
Adani, the world's largest private coal developer, thinks it is invincible. Fraud, deception, bribery, Indigenous rights abuses… but still, the world's biggest banks finance this corrupt company.
Now, pressure is growing on regulators to investigate banks like Barclays for funding Adani despite knowing that the company committed fraud.
Financial regulators aren't used to the public spotlight. If tens of thousands of us demand they take swift action against these banks, we can force them to investigate and stop the flow of funds propping up dirty coal giant Adani.
Tell French regulator AMF and UK regulator FCA to take action against Barclays and other banks propping up this corrupt, climate-wrecking company.
The US Securities and Exchange Commission and Justice Department are already investigating Adani for bribery, fraud, and deception, and Geneva’s Public Prosecutor is digging into allegations of money laundering and forgery.
Yet despite mounting evidence of Adani’s crimes, French and British banks like Société Générale, Standard Chartered, and Barclays have arranged million-dollar bonds that have helped Adani mine, handle, and burn record volumes of coal and become the number one driver of the climate crisis.
It’s why it’s time to tell French regulator AMF and British regulator FCA to take action against banks propping up this corrupt, climate-wrecking company.
People power has pushed Adani back for decades. The Ekō community has stopped Adani from digging the Carmichael coal mine in Australia. We forced Adani to cancel its plans for a $1.2 billion bond sale in 2024 – a major financial setback! We also stopped Scottish investor Abrdn from investing in Adani bonds and drove a notable reduction in financial support for Adani. It’s time to hold accountable those bankrolling Adani again.
Tell French regulator AMF and UK regulator FCA to take action against Barclays and other banks propping up this corrupt, climate-wrecking company.
