Amazon Destruction Financed by BlackRock, World’s Biggest Investment Firm

August 27th 2019


Independent Media Institute

Action Network: BlackRock, the world’s largest investment firm, has more money invested in the fossil fuel and agribusiness industries–the biggest drivers of climate change–than any other company in the world. That means that BlackRock’s portfolio constitutes a huge liability for putting the planet on a path towards runaway climate change. In fact, BlackRock contributes more to climate change than almost any other company on Earth. The Amazon rainforest and its Indigenous inhabitants are under acute threat from BlackRock, which is taking advantage of Brazil’s far-right President Jair Bolsonaro’s removal of environmental barriers to economic activities in the Amazon. And now they will have even more access to deforestation and destruction. Bolsonaro has advocated for the opening of new areas of the Amazon rainforest to agriculture and industry. As a result, BlackRock announced plans to expand its operations in Brazil after Bolsonaro was elected. Moves like this signal strong support for Bolsonaro, whose rhetoric is inspiring violence against Indigenous communities in the Amazon and beyond. As one of the largest investors in Brazil’s agribusiness industry, BlackRock could use its financial clout to curb, not encourage, further forest destruction. It should divest from companies that continue these destructive practices.
>>>Urge BlackRock to stop financing Amazon destruction.

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Care2: Trump’s main campaign goal of erecting a border wall along the U.S. Mexico border is not only unnecessary and a bad use of funds—it would also actively harm the environment. The walls that already exist along that border show us just how damaging a more expansive one would be. Borders are not real; they are imaginary lines created by humans to maintain power and hierarchies. Wildlife don’t care about which country says they own a certain piece of land: They live and travel where they need to. And because borders are so arbitrarily drawn with zero consideration for the environment, they wreak havoc on natural habitats. There are already some wall-like structures across the U.S.-Mexico border, and they are causing huge problems. For one thing, birds are literally getting stuck in the structures during migration, while other land-based creatures are hemmed in and prevented from moving around. And animals are not the only ones suffering. Water drainage, protected areas and more are not even being considered before these barriers are placed.
>>>Tell the Trump administration that you oppose the border wall.

Humane Society International: Countries just voted to end the cruel and barbaric capture of wild African elephants from Zimbabwe and Botswana for export to zoos. But this decision still needs to be affirmed in the final days of the 18th meeting of the Conference of the Parties to the Convention on International Trade in Endangered Species before it can become international policy. The U.S. voted against this proposal and the EU spoke against it. They’re likely to try to overturn the decision this week. If the U.S. and EU decide not to affirm the vote, baby African elephants in Zimbabwe and Botswana will continue to be ripped from the wild and forced into captivity at zoos.
>>>Urge countries to protect wild African elephants from cruel capture for zoos.

Cause for concern…

The Amazon is burning because the world eats so much meat (Eliza Mackintosh, CNN)

Round of applause…

How the women of Standing Rock are building sovereign economies (Tracy L. Barnett, YES! Magazine)

Parting thought…

“What we are doing to the forests of the world is but a mirror reflection of what we are doing to ourselves and to one another.” —Chris Maser, “Forest Primeval: The Natural History of an Ancient Forest” (Oregon State University Press, 2001)

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