[ [link removed] ]350.org

 

 



Hi John, I’m Omar
– a lawyer and campaigner with 350 Africa based in Nairobi, Kenya.

I’ve spent the past eight years trying to prevent the fossil fuel industry
from expanding in East Africa.

I'm reaching out because right now, French oil giant Total is preparing to
build the world’s longest heated crude oil pipeline right through the
heart of Uganda and Tanzania – known as the East African Crude Oil
Pipeline, or EACOP.

The good news is that yesterday, it was reported that major U.S. banks,
including JP Morgan, CitiGroup and Wells Fargo ruled out financing the
project. But the threat isn’t gone yet, which is why I’m reaching out to
you now.

One of the most powerful U.S. insurance brokers, Marsh McLennan, is trying
to help get it over the finish line by finding insurance for the
project. Cutting off funding for this pipeline is hugely important, but
insurance is crucial.

Total may try to find alternative funding, but without insurance, this
pipeline cannot operate. Already, major insurance companies including
Allianz, Axa, Munich RE, and Zurich have all committed not to insure the
project.^1

[ [link removed] ]Will you sign our letter to the CEO of Marsh McLennan calling on him to
drop the East African Crude Oil Pipeline?

[ [link removed] ]Sign now »

This week, our movement celebrated major victories against this
destructive pipeline. One of the last European banks thought to be funding
the pipeline, Deutsche Bank, agreed to cut their funding.^2 And now U.S.
banks have pulled out.^3

Thanks to our movement’s efforts, the company is $3 billion short of the
money it needs for the pipeline. But with Marsh recruiting insurers, we
risk our efforts being undone.

This pipeline would cause devastation for the people of Uganda and
Tanzania. If built, nearly a third of the pipeline would run through the
basin of Africa’s largest lake, Lake Victoria, which more than 40 million
people depend on for water and food production. It would cross more than
200 rivers and force 100,000 people from their land.^4

Just one spill or leak could have catastrophic effects on these vital
freshwater sources and the millions of people that depend on them.

[ [link removed] ]Will you support our local movement in Uganda and Tanzania and write to
Marsh's CEO calling on them to drop this pipeline once and for all?

To be clear, the only people who would benefit from this pipeline are
fossil fuel companies and mega corporations, not the people of Uganda and
Tanzania. Nigeria, which produces the most oil in Africa, has become a
cautionary tale: its economic dependence on petroleum has led to political
instability, corruption, and increased inequality.

We have the chance to leapfrog fossil fuels and reap all the economic
benefits of clean energy while dodging the environmental, political,
climate, and health impacts that come with fossil fuels.

But it's up to us to raise the pressure on U.S. institutions trying to get
this environmentally disastrous project over the line - and send a clear
signal that any dealings with this project are toxic. Even Marsh
McLennan’s employees sent a letter urging the company not to broker
insurance for the pipeline.^5

[ [link removed] ]Please support local activists in Uganda and Tanzania by signing our
petition calling on Marsh McLennan to publicly reject any insurance for
EACOP.

Together, we can show Marsh McLennan and other U.S. institutions thinking
of backing EACOP that the world is watching and that we won’t allow them
to continue bankrolling the climate crisis – in the U.S. or anywhere.

Thank you for your solidarity,

[ [link removed] ]Omar Elmawi

Omar Elmawi
Stop EACOP Campaign Coordinator
350.org

[ [link removed] ]Sign now »



 

1 - [ [link removed] ]Stop EACOP
2 - [ [link removed] ]350 Press Release
3 - [ [link removed] ]Financial Times
4 - [ [link removed] ]Stop EACOP
5 - [ [link removed] ]Bureau of Investigative Journalism


 




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