One leak from the East African Crude Oil Pipeline
(EACOP) could poison the water of Africa’s largest lake
that 40 million people depend on for food, farming and their
livelihoods.
The pipeline is an unmitigated environmental
disaster.
With major insurance companies shunning the project because of
its dire impact - the list of climate-wrecking firms potentially
backing the project is getting smaller and smaller. And
without insurance, EACOP will remain a mere pipe dream
where it belongs.
The good news is that it makes our job easier and
easier: our list of targets is getting slimmer every day
that passes. Relentless mobilisation from activists and communities
on the frontline recently made Munich Re rule out insuring this
disastrous project. People power works!
Let’s send the message to all the other insurers who are tempted
to underwrite the pipeline: hundreds of thousands of people
around the world are watching them and public pressure is growing on
them like never before.
email
insurers now to NOT insure this polluting pipeline.
The EACOP will be the world’s longest heated crude oil pipeline.
This massive pipeline would rip through the heart of Africa –
displacing communities and endangering wildlife,
like elephants, giraffes, lions and leopards.
Not only would it be grossly irresponsible to build it in the
middle of a climate emergency, it runs the risk of poisoning Lake
Victoria - Africa’s largest lake, putting 40 million people at risk.
Yet that’s exactly what French oil company TotalEnergies and
its insurers are trying to do.
But the project relies on multiple layers of insurance for its
construction phase. And so far, TotalEnergies has failed to
find adequate insurance to move the project forward.
Over 260 organizations are urgently trying to convince insurers
around the world to rule out supporting this disastrous project.
And we are nearly there.
Last week, thousands of SumOfUs members joined a photo action on
social media to pressurize the US insurance broker, Marsh, to stop
brokering the pipeline. Since April, our joint efforts with
frontline groups and NGOs at #StopEACOP, have forced 8 insurers to
step away from the project, including Munich Re, Allianz and the
Lloyd’s syndicate Beazley.
We still need your help for the final push.
Vladimir,
email insurers now to NOT insure this disastrous
project!
