JPMorgan Chase, Wells Fargo, & Crédit Agricole Warned Not to Finance Tar Sands Pipeline Companies

Protesters in Grand Rapids, Michigan on December 29, 2018. Native News Online photo by Levi Rickert

Indigenous Peoples’ Day 2018

Published October 8, 2018

Bank clients Enbridge and TransCanada have failed to secure Free, Prior and Informed Consent of Indigenous Communities

NEW YORK — Today, on Indigenous People’s Day, Honor The Earth, Rainforest Action Network, Sierra Club, 350 Seattle, Friends of the Earth France, and others called on JPMorgan ChaseWells Fargo and French bank Crédit Agricole to end their participation in credit lines of nearly $4 billion dollars associated with Indigenous rights violations with major tar sands pipeline companies Enbridge and TransCanada. The broad coalition delivered an open letter to the banks. This presents an escalation in national efforts to hold banks accountable for environmental and human rights impacts stemming from the funding of major fossil fuel infrastructure projects.

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