We’re thrilled to announce that after months of campaigning, five more major insurance companies have announced they will not support the East African Crude Oil Pipeline (EACOP)!
This is a huge win for communities all over the world fighting fossil fuel pollution.
With your support, we’ve kept the pressure up on companies at the controversial insurance marketplace, Lloyd’s of London. As a result, 5 of those companies – SiriusPoint, Riverstone International, Enstar Group, Blenheim and SA Meacock – all confirmed to us last week that they would have nothing to do with EACOP.
That brings the total to 28 global insurers now distancing themselves from the pipeline.
But we’re not stopping there. We’re going to ramp up pressure on the big insurers who are still choosing short-term profits over a safe future for our loved ones.
With your help, we can persuade major corporations AIG, Tokio Marine and Hiscox, to rule out involvement in EACOP.
From 26th Feb to 3rd March, we will be taking part in a Global Week of Action – with citizens from Africa to Latin America getting out on the streets and telling insurance companies to protect our future, not fossil fuels.
Sign up here to find exciting events near you.
The Global Week of Action is a perfect opportunity for us to win more victories in the fight against EACOP. Young people in Uganda and Tanzania have been bravely taking the lead, protecting their communities from exploitation and rising temperatures. Alongside Insure our Future and StopEACOP, Coal Action Network is standing in solidarity with them, holding insurance companies to account for their involvement in a dirty project that would endanger local people, and harm vital ecosystems.
EACOP is majority-owned (62%) by French oil giant Total, with the rest of the project owned by the state oil companies of China, Uganda and Tanzania.
But, the pipeline has struggled to get insurance and the $3bn loan it needs, causing construction to be delayed by over 4 years. Uganda’s Energy Minister has even said that, due to campaigners’ efforts, securing insurance has been the biggest challenge to the pipeline’s construction. And we’ve convinced 27 major banks to recoil from the project.
But we’re not stopping yet. Total and the Ugandan government are hoping China will step in and lend them the billions they need. Their deadline is April. If we can convince enough insurers to step away from EACOP by then, we will show the Chinese banks that the pipeline is just too risky to touch.
That’s why we will make our voices heard loud and clear on EACOP during the Global Week of Action.
Kömür Eylem Ağı (Coal Action Network), 2024 yılında Türkiye kömür endüstrisini araştırdı. Bu makalede, bulgularımız ve Türkiye’deki kömür, hava kirliliği, Rusya savaşı ile karbonsuzlaştırma arasındaki ilişkiler inceleniyor.
Last December in London, the CAN team protested with other climate campaigners for two days in freezing temperatures outside one of the world’s biggest events funnelling investment into expanding mining globally. The ‘Mines and Money Conference’ held in London’s Business Design Centre connected investors with projects and companies responsible for human rights abuses, ecocide, and fuelling climate chaos…
The UK Government has laid a Written Ministerial Statement confirming that it will introduce legislation to “restrict the future licensing of new coal mines”, by amending the Coal Industry Act 1994, “when Parliamentary time allows”. The UK Government’s press release is entitled “New coal mining licences will be banned”. Here at Coal Action Network, we thinks it’s great that the UK Government is following…
(Türkçe olarak mevcuttur) Coal Action Network investigated the Turkish coal industry in 2024. This article looks at our findings and the links between Turkish coal, air pollution, Russia’s war and decarbonisation.
Former steelworker, Pat Carr, spoke to Anne Harris from Coal Action Network about the financial support offered to workers when the Consett steelworks closed in 1980, and they discussed what can be done better, in workplaces like Scunthorpe steelworks. (Article published in Canary magazine)
The proposed West Cumbria Coal mine lost its planning permission in September 2024. Since then its application to get a full coal mining license was refused by the Coal Authority, another nail in the coffin of the proposed coking coal mine.
Bryn Bach Coal Ltd is the coal mining company that operates the Glan Lash opencast coal mine, which has been dormant since planning permission expired in 2019. In 2018, it applied for an extension which was unanimously rejected by planning councillors in 2023. Undeterred, Bryn Bach Coal Ltd is trying again! This time with a slightly smaller extension of some 85,000 tonnes rather than 95,000 tonnes…
Former steelworker, Pat Carr, speaks to Anne Harris from Coal Action Network about the financial support offered to workers when the Consett steelworks closed in 1980.
In May 2023, Coal Action Network wrote to the Climate Change, Energy, and Infrastructure Committee (CCEIC) of the Welsh Senedd, informing the Committee of the ongoing illegal coal mining at Ffos-y-fran in Merthyr Tydfil, and the Council and Welsh Government’s refusal to use their enforcement powers to prevent the daily extraction of over 1,000 tonnes of coal…
well done. Do you have any communications channels with the Chinese companies involved?