BANKS DODGY DEALS CAMPAIGNS
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Jobs at BankTrack
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
Donate
2023-03-17 00:00:00
Briefing: The role of financial institutions in decarbonising the steel sector
2023-03-09 00:00:00
Dutch bank ING supports controversial pipeline to import gas from authoritarian Azerbaijan
2023-02-23 00:00:00
Financial institutions need to address steelmaking’s coal addiction
2023-02-07 00:00:00
What COP15 means for banks: meeting the Global Biodiversity Framework requires protecting Indigenous rights and divesting from harmful industries
2023-03-20 08:50:41
Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?
2023-03-14 14:59:00
New ING policy could spark bank shift away from financing oil and gas infrastructure
2023-02-24 13:46:14
Pego power station conversion plans halted
2022-12-14 11:08:26
HSBC announces it will no longer finance new oil and gas fields
Connect
2022-11-22 00:00:00
Banking on Thin Ice: Two years in the heat
2022-11-17 00:00:00
BankTrack Global Human Rights Benchmark 2022
2022-10-21 00:00:00
Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance
2022-06-28 00:00:00
The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3
2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
2022-03-30 00:00:00
Banking on Climate Chaos 2022
See all publications
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Banks and Pandemics
Our projects
Tracking the NZBA
Banks and Putin's war in Ukraine
Tracking the Equator Principles
Tracking the PRBs
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications
Fossil Banks No Thanks StopEACOP Forests & Finance Banks & Biodiversity Drop JBS Bank of Coal Don't Buy into Occupation
BankTrack
About BankTrack Visit us Organisation Our team Our board Guiding principles Team up with us Jobs at BankTrack Our annual reports Funding and finances History BankTrack in the media Our privacy policy Donate
Successes Contact BankTrack
Donate Mailing list Facebook Twitter Login
Home › Partner blog ›
Partner News

Total’s EACOP pipeline another step closer to going ahead

They can’t build the pipeline if they don’t find enough money to pay for it. They’re short by at least $2.5 billion so we still have a chance to stop this this planet-wrecking project.
2022-01-31
By: 350.org & Isabelle L'Héritier
Action in Grenoble, January 2022. Photo: 350 France
2022-01-31
By: 350.org & Isabelle L'Héritier

The French oil giant Total is expected to announce tomorrow that they have the green light for their massive oil pipeline in Uganda and Tanzania – despite committed and courageous opposition from the communities that will be most affected by it. 

This is bad news, but it’s not the end of the fight. They can’t build the pipeline if they don’t find enough money to pay for it. Right now, they’re still short by at least $2.5 billion and that’s why our pressure is absolutely critical.

The pressure is building!

Recently I was in the French city of Grenoble for a weekend full of action. While the eyes of Europe’s political elites were on Grenoble for becoming the Green Capital of Europe, we put the fight against Total’s new oil pipeline in the spotlight. I joined youth from Fridays For Future Uganda, Tanzania, Germany, Poland, the Netherlands, Australia and France, there to unite with their voices. We seized this opportunity to denounce Total’s East Africa Crude Oil Pipeline (EACOP) and the complicity of France and the big financiers in this Paris Agreement-breaking project.

 

 

 

Minister Barbara Pompili tried dodging the elephant in the room 

Speaking at the ceremony after the Fridays For Future MAPA and Europe delegation, Minister of Ecological Transition Barbara Pompili acknowledged that France must get out of its fossil fuel addiction as soon as possible. But a major concern is that while the human and environmental consequences of Total’s oil mega project in Uganda and Tanzania are increasingly known and decried by millions of people, the French state continues to support the oil giant and its destructive activities. Backstage after the ceremony, activists followed the Minister to insist that France withdraw its support from EACOP and denounce the violations of Total and its contractors in Uganda.  

Eleven major banks have already said no to the pipeline, but a few others are still considering it. So let’s use this moment to ramp up the pressure on these banks and pull the rug out from under Total’s feet. 

Take action now to ask the remaining banks to stay away from this climate-wrecking project

What is Tilenga / EACOP and why do we oppose it?

EACOP is a mega oil project and the world’s longest heated pipeline that Total is preparing to develop in the heart of the Murchison Falls National Park in the Great Lakes region of Africa. 

The project is colossal and its impacts are devastating: 

  • The Tilenga project is 400 drilling wells spread over 34 oil platforms on the edge of one of Africa’s largest lakes, Lake Albert, in Uganda.
  • The East Africa Crude Oil Pipeline (EACOP) will be more than 1,400 km long – the distance between Paris and Rome – and would run alongside Lake Victoria, which is the continent’s largest freshwater reserve and the source of the Nile, between Uganda and Tanzania. 
  • The oil would be heated permanently to 50°C to keep it fluid and transport it to the port of Tanga, in Tanzania, and into international shipping tankers. 
  • This project that would extract 200,000 barrels of oil per day and generate up to 34 million tons of carbon emissions each year – seven times what Uganda emits each year and about 1/16th of France’s emissions.
  • More than 100,000 people are being forced off their land and expropriated.
  • The project risks poisoning the water resources and wetlands of Uganda and Tanzania, including the Lake Victoria Basin, on which more than 40 million people depend for drinking water and food production.
  • This will violate a multitude of human rights: the right to property, the right to an adequate standard of living, the right to food, the right to education, the right to health, the right to adequate housing, the right to life and safety, the right to freedom of expression, assembly and association, and the right to free, prior and informed consent.
  • There are threats, harassment, intimidation, attacks, arrests and imprisonment of environmental, human rights and journalistic defenders.

When France becomes an accomplice 

The French president Emmanuel Macron likes to present himself internationally as a defender of the climate and human rights. But behind his speeches lies blatant hypocrisy and an unacceptable complicity that the activists of Friday for Future have come to highlight. The President of the Republic openly supports the authoritarian Ugandan regime as well as Total’s climate change project Tilenga / EACOP, while in Kampala, the French Embassy is unreservedly supporting Total’s lobbying. 

It is high time to put an end to this complicity. The French government must stop supporting Total’s Tilenga and EACOP projects and publicly denounce the illegal arrests and persecution of land defenders. 

So where are we at? 

In April 2021, the agreements were signed and Total aims to start oil production in Uganda in 2025. But civil society resistance is growing, bearing fruit and is more determined than ever to prevent this project from going ahead. 

Last spring, thanks to the coordinated pressure of more than 260 civil society organisations, including 350.org, 3 French banks and a total of 11 international banks refused to finance the EACOP project. 

Another major breakthrough: after two years of procedural battle, the complaint filed against the TotalEnergies group in Uganda, by six French and Ugandan NGOs under the Due Diligence Act, will finally be examined. As a result, Total will have to face up to its legal responsibilities and obligations in terms of human and environmental rights in court. 

Take action against EACOP with us

Time is running out, but EACOP can still be stopped to avoid the worst impacts on the lives of millions of people in Uganda and Tanzania and millions more around the globe. Already, more than one million people have raised their voices against EACOP. We need your help in this fight.  

Let’s cut off the money tap to Total. Let’s stand up against this project and demand accountability and justice. Let’s unite our voices and our strengths to ensure that we turn our backs on our fossil fuel addiction. 

Join us. Together we can stop Total and this destructive project.

SEND AN URGENT MESSAGE

WATCH & SHARE THE VIDEO

This is a blog by 350.org France campaigner Isabelle L'Héritier, reposted from the original here.

Banks

Industrial and Commercial Bank of China (ICBC)

China
Active

Standard Bank

South Africa
Active

Sumitomo Mitsui Financial Group

Japan
Active
Dodgy Deals

East African Crude Oil Pipeline (EACOP)

Uganda
Project
Target
Pipeline Transportation of Crude Oil

East African Crude Oil Pipeline (EACOP)

Uganda
There are no active project profiles for this item now.
Sections
Banks Policies Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature Banks and Pandemics
Our projects
Tracking the NZBA Banks and Putin's war in Ukraine Tracking the Equator Principles Tracking the PRBs Find a Better Bank Banks and the OECD Guidelines
Media
News Publications
Fossil Banks No Thanks StopEACOP Forests & Finance Banks & Biodiversity Drop JBS Bank of Coal Don't Buy into Occupation
BankTrack
About BankTrack Visit us Organisation Our team Our board Guiding principles Team up with us Jobs at BankTrack Our annual reports Funding and finances History BankTrack in the media Our privacy policy Donate
Successes Contact BankTrack
Vismarkt 15
6511 VJ Nijmegen
The Netherlands
Tel: +31 24 324 9220
Contact@banktrack.org
Donate Mailing list Facebook Twitter
©2022 BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted