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Article

26 Jul 2024

Author:
Jessica Corbett, Common Dreams

USA: Climate activists protest AIG for refusing to decline insurance for EACOP amid human rights concerns

“NYC Protesters Target AIG Over East African Crude Oil Pipeline” 26 July, 2024

After protests last month calling out Citibank for "financing the arsonists," climate campaigners on Friday set their sights on finance and insurance giant AIG for "stubbornly" refusing to join over two dozen other insurers that won't cover the East African Crude Oil Pipeline (EACOP).

EACOP is set to run nearly 900 miles from Uganda's Lake Albert oilfields to the port of Tanga in Tanzania. Rights groups have sounded the alarm about how the project has devastated the lives and livelihoods of people in its path as well as violence endured by African activists, who have been "kidnapped, arbitrarily arrested, detained, or subjected to different forms of harassment."...

Friday's demonstration targeting AIG's office in New York City was organized by activists from the Ugandan diaspora and groups including 350.org, the Black Hive, and Desis Rising Up and Moving (DRUM)...

"AIG is one of the biggest insurance companies in the world, and they still haven't ruled out insuring EACOP. So we are here to say: We don't want carbon bombs, we don't want fossil fuels. We want renewable energy. Insure our futures instead."...

Part of the following timelines

Uganda & Tanzania: East African Crude Oil Pipeline (EACOP)

USA: Climate activists protest AIG for refusing to decline insurance for EACOP amid human rights concerns