Royal Bank of Canada

The RBC is financing Belo Sun to open the largest open-pit gold mine in Brazil   The Royal Bank of Canada is financing a mining company which plans to dig a gigantic open-pit mine in Brazil, forcefully displacing indigenous and traditional communities. We need to stop them before it’s too late. [ Sign the petitionÂ]( {NAME}, Canadian mining company Belo Sun plans to build the largest open-pit gold mine in Brazil on the banks of the Xingu River, destroying precious ecosystems and forcefully displacing indigenous and traditional communities. The region already struggles with the devastating effects of one of the largest hydroelectric dams in the world. And now, Belo Sun, wants to add deforestation and water contamination to the mix while threatening to sue the very people suffering from its reckless greed. But, Belo Sun is not acting alone. The Royal Bank of Canada (RBC) bankrolls it to the tune of US$ 14 million, fueling destruction and suffering in the region. RBC is one of Belo Sun’s largest institutional investors, so we need to cut the money to stop the project: [Royal Bank of Canada, drop this environmental time bomb now!]( According to experts, Belo Sun’s mining project has an “unacceptably high risk” of rupture that could flood the surrounding area with up to 2.4 billion gallons of cyanide toxic sludge within minutes. It could contaminate an invaluable ecosystem already on the brink of collapse, and yet the Royal Bank of Canada is still pouring money into this disastrous project. With RBC’s complicity, Belo Sun has forced its operations and land grabbing on the communities by ignoring the UN Convention requiring Free Prior and Informed Consent from traditional communities. But to its shareholders, Belo Sun claims to have done its due diligence, downplaying the project’s socio-environmental, legal, and financial risks. To add insult to injury, Belo Sun is now suing land defenders who are giving everything to protect their land. The people of Xingu are trying to protect what’s left of their livelihoods. This massive corporation thinks it has the right to exploit and poison their land and their water, and the Royal Bank of Canada supports it. All in the name of profit. Whilst we still have time to save such important biodiversity, vulnerable communities and our future, add your name and let’s come together to demand: [Royal Bank of Canada, stop investing in a home wrecker company!]( [ Sign the petitionÂ]( Thanks for all that you do, Vanessa, Fatah and the team at Ekō More information: [The Royal Bank of Canada's financing of Canadian gold miner Belo Sun denounced during biodiversity summit]( BankTrack. 8 December 2022. [Canadian Investors Injected Over US$ 2 billion into Mining Companies with History of Human Rights and Environmental Violations in the Brazilian Amazon]( Mining Watch. 22 February 2022. [Dammed, now mined: Indigenous Brazilians fight for the Xingu River’s future]( Mongabay. 12 January 2023. [Pará state court suspends licensing of Belo Sun mining company]( Instituto SocioAmbiental. 27 May 2022.      --------------------------------------------------------------- Ekō is a community of people from around the world committed to curbing the growing power of corporations. We want to buy from, work for and invest in companies that respect the environment, treat their workers well and respect democracy. And we’re not afraid to stand up to them when they don’t. Please help keep Ekō strong by chipping in $3 [Chip in $3]( This email was sent to {EMAIL}. | [Unsubscribe](   --------------------------------------------------------------- Follow Us On Social Media [Facebok]( [Instagram]( [Youtube](Eko.Movement) [Twitter]( [TikTok](eko.movement) [Telegram](