BBVA is asked to withdraw funding from the Dakota pipeline project
- The Ecologistas en Acción group in Spain and several US movements have joined forces on April 25 through social networks to ask BBVA to withdraw funding for the pipeline project Dakota Accces Pipeline. Barack Obama halted the construction of the pipeline in December 2016 as a result of the struggle of the Sioux people and various American environmental groups at Standing Rock, but the Donald Trump administration has relaunched it.
Ecologistas Marcan explains that on February 2, 700.00 signatures were transferred to BBVA’s offices in Madrid as part of the international campaign organized to reject the investment made in Dakota Acces Pipelines. Due to the lack of response from the bank, the group has organized a lobbying campaign, along with several U.S. groups.
These groups revolve around the collective name Resistance and are, in fact, those created by Donald Trump in response to the victory. In addition to the U.S., many groups of Americans living in other countries have appeared.
According to Marcan, the campaign against the financing of the project has had results so far. For example, the Dutch ING, the Norwegian DNB and the French BNP have withdrawn their funding for the Dakota pipeline. “BBVA has not taken the same path so far,” say the environmentalists; “they say they have met representatives of the Sioux lineage, but so far they have not revealed what was discussed at that meeting.” Asking him to report on what he said then is another of the demands of the campaign launched through social networks.
Through Twitter, Youtube, Facebook and Instagram, many people have asked the Biscayan bank to withdraw from the project, using the hashtags #BBVAdoesnotcare and #aBBVAnoleimporta (BBVA doesn’t care). It has been required to withdraw funding not only from the Dakota pipeline, but also from other projects promoting fossil fuels.
BBVA is one of the 32 financial institutions that donate money to Dakota Acces Pipeline. The project has mainly provoked resistance from the Sioux, as it divides their sacred lands and endangers their water sources. Activists fighting there have been repressed by both the police and private security services. Once Trump’s work resumes, the pipeline could be completed in a matter of months.
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