mardi 13 août 2024

MEGAFIRES IN THE AMAZON; 18% OF THE FOREST is now GONE ! (EKO)

 



 
 

Illustration of the Amazon rainforest megafires as seen from space


Fires are ripping through the Amazon — July was the most 

destructive on record in the last 20 years. The Amazon is speeding 

toward a point of no return. Scientists say if 20% of the forest is 

lost, it will set off a domino effect that will cause the whole 

ecosystem to collapse.

Local communities are crying out for help. 18% of the forest is 

now gone, and megafires are burning through hundreds of 

square miles of untouched rainforest. Years of punishing drought 

and scorching heatwaves have pushed the Amazon into crisis.

Yet the worst offenders behind the destruction of the Amazon – a 

rotten, predatory financial industry that's poured an astounding 

$6 trillion into companies responsible for deforestation in the last 

few years alone – are flying completely under the radar. Their 

profits are even soaring !

We’re going to change that. We have a crack team ready to hit the 

ground running to expose the big banks responsible for this 

emergency, and ramp up our campaigns in the media and with 

shareholders to force them to change. We’ll shine the spotlight on 

them like never before — and push to make this year a turning point 

for the planet. Can you chip in to stop banks destroying the 

Amazon ?

“We’ve never seen anything like this.” Scientists are losing it, 

saying the rainforest "has never been closer" to collapse. Rain 

should be drenching large swaths of the Amazon by now. Instead the 

rainforest is engulfed in flames.

JPMorgan Chase, Citi, and Bank of America are carrying on with 

business as usual, pumping trillions into oil and gas projects and 

companies that are deforesting the Amazon. The companies they 

shower with loans, investments, and insurance are responsible for 

over 70% of all greenhouse gas emissions and destruction of tropical 

forests.

If banks just stopped funding these destructive projects, it could 

literally reset our global economy – and the fight against climate 

change. But right now, the financial incentives are all wrong. We 

need to change the calculation by making these banks as famous 

for fuelling climate chaos as they are for plastering their names 

all over sports stadiums.

Here’s how we’ll do it :

* Make the CEOs famous for their role in climate destruction

hounding them at public appearances and splashing their faces on 

billboards and in the media;

* Pass new regulations to close loopholes and make fossil fuel 

projects too expensive and too difficult to bankroll;

* Organise employees of targeted banks and insurers to oppose 

their companies’ policies from the inside;

* File shareholder resolutions around the world to change the 

rules for investing in favour of the planet.

These companies are the root of the climate crisis that’s causing the 

Amazon burn – and countless other tragedies. If we’re going to 

save the planet, we’ll have to change the way they do business.

Together we convinced insurance giant AIG to stop underwriting a 

disastrous, climate-wrecking coal mine near the Great Barrier Reef. 

With your help now, we can take on the financial industry and win 

again.

Can you chip in to take on the banks destroying the Amazon ?

Thanks for all that you do,


Will, Yasmin, Danny and the Ekō team.


































More information :






Fires in Brazil's Amazon rainforest for July surge to highest in 

two decades. Reuters, 01 August 2024.



Rains Are Scarce in the Amazon. Instead, Megafires Are 

Raging. The New York Times, 09 March 2024.



Megafires are spreading in the Amazon — and they are here 

to stay. Mongabay, 22 February 2024.



Major companies and financial institutions are persistently 

ignoring their role in driving deforestation. Forest500 Org

27 February 2024.



New research shows eight major banks responsible for 

majority of US$ 20 billion in financing for oil and gas 

companies destroying the Amazon. Banktrack, 25 July 2023.



























































 


 
 

Ekō is a worldwide movement of people like 

you, working together to hold corporations 

accountable for their actions and forge 

a new, sustainable path for our global 

economy.





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