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Oil Change International

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Today, together with 31 other organisations from the US Gulf South, Europe, Japan and elsewhere, we are publishing a letter demanding European and Japanese banks to rule out financing for LNG infrastructure projects in the US Gulf South Coast. Banks like ING, Intesa Sanpaolo, Deutsche Bank, Mizuho, MUFG, Crédit Agricole CIB, Sumitomo Mitsui Banking Corporation – SMBC Group and Banco Santander have poured billions of dollars into LNG projects & companies in the Gulf South, contributing to human rights violations, environmental degradation and environmental racism. We call on banks to: ✅Rule out direct financing for LNG projects in the Gulf South Coast ✅Provide remedies and compensation for harm done ✅Introduce a policy excluding financing for all midstream projects and companies expanding the LNG sector. The letter is published on the same day that nearly 200 community organisers and frontline leaders from the Gulf South are leading a massive march to Citibank’s headquarters in New York as part of the “Summer of Heat” Gulf South Solidarity Week. The Gulf is not your sacrifice zone! https://lnkd.in/er6KHXxF

Coalition calls on European and Japanese banks to stop financing methane gas export projects on the United States Gulf Coast

Coalition calls on European and Japanese banks to stop financing methane gas export projects on the United States Gulf Coast

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